NewFunds TRACI 3 Month ETF tracks the total return version of the Barclays Capital/Absa Capital ZAR Tradable Cash Index 3 Month (TRACI-3M), an index consisting of 3 - month South African money market deposit rates (NCDs) of which the present mark-to-market value of these instruments constitute the Index level. TRACI 3 Month ETF is suitable for investors seeking low-cost convenient alternatives to traditional non-listed products.TRACI 3 Month ETF can act as a building block for investors to use when constructing their own portfolios.