|
JSE STXIND
STX2
STXIND - SATRIX INDI - Distribution announcement
SATRIX INDI
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: STXIND
ISIN CODE: ZAE000036364
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 INDI securities
recorded in the register in respect of the quarter ended 30 June 2007. This
distribution will:
- be an amount of 4,35 cents (four point three five cents) (R0,0435) per
Satrix INDI security;
- constituted by 4,35 cents in respect of dividends;
- be made to all holders of Satrix INDI securities recorded in the
register on 29 June 2007;
- be effected on 27th July 2007.
The Satrix INDI securities had a Total Expense Ratio (TER) of 22,98 basis
points (0,2298%) (annualised) for the period 1st January to 30th June 2007.
Charges, levies and fees related to the management of the Satrix INDI
portfolio equivalent to 22,98 basis points (0,2298%), of the average net
asset value of the portfolio (on an annualised basis) 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 INDI 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 18,36 basis points (0,1836%) 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 08:49:01 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
