STXSWX - SATRIX SWIX TOP 40 - Distribution announc
JSE STXSWX
STX2
STXSWX - SATRIX SWIX TOP 40 - Distribution announcement
SATRIX SWIX TOP 40
A portfolio in the Satrix Collective Investment Scheme ("Satrix"), registered as
such in terms of the Collective Investment Schemes Control Act, 45 of 2002 (the
"Act")
JSE code: STXSWX
ISIN CODE: ZAE000078580
DISTRIBUTION ANNOUNCEMENT
The manager and trustees of the Satrix Collective Investment Scheme (being
Satrix Managers (Proprietary) Limited and ABSA Bank Limited respectively) have
resolved to make a distribution to holders of Satrix SWIX TOP 40 securities
recorded in the register in respect of the quarter ended 30 June 2007. This
distribution will:
- be an amount of 2,15 cents (two point one five cents) (R0,0215) per
Satrix SWIX TOP 40 security;
- constituted by 2,15 cents in respect of dividends;
- be made to all holders of Satrix SWIX TOP 40 securities recorded in the
register on 29th of June 2007;
- be effected on 27th July 2007.
The Satrix SWIX TOP 40 securities had a Total Expense Ratio (TER) of 29,44 basis
points (0,2944%) (annualised) for the period 1st January to 30th June 2007.
Charges, levies and fees relating to the management of the Satrix SWIX TOP 40
portfolio equivalent to 29,44 basis points (0,2944%) of the average net asset
value of the portfolio (on a annualised bases) were incurred. This ratio does
not include the cost of acquiring assets. The current TER cannot be regarded as
an indication of future TERs.
The Satrix SWIX TOP 40 portfolio engages in scrip lending activities, with the
sole aim of reducing the net expenses in the portfolio. All income received from
scrip lending is used to defray expenses in the portfolio. The Actual Expense
Ratio (AER), including the impact of scrip lending for the above period and the
cost of acquiring assets is 26,55 basis points (0,2655%) on an annualised basis.
Johannesburg
19 July 2007
Sponsor
Java Capital (Proprietary) Limited
Manager
Satrix Managers (Proprietary) Limited
Trustee
ABSA Bank Limited
Date: 20/07/2007 08:45:01 Produced by the JSE SENS Department.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
