NewFunds Equity Momentum ETF announced audited earnings results for the nine months ended December 31, 2013. For the year, revenue was ZAR 571,255 compared to ZAR 409,513 a year ago. Interest income was ZAR 8,646 compared to ZAR 2,747 a year ago.

Income attributable to investors was ZAR 372,934 compared to ZAR 323,059 a year ago. Net cash utilized in operating activities was ZAR 65,484 compared to net cash generated from operating activities of ZAR 92,428 a year ago.