| Thu 18 Oct 2007, 17:01 | | STXIND - Satrix Indi - Distribution Announcement |
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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 September 2007.
This distribution will:
- be an amount of 17,20 cents (seventeen point two zero cents) (R0,1720)
per Satrix INDI security;
- constituted by:
- 12,93 cents in respect of dividends; and
- 4,27 cents in respect of other income;
- be made to all holders of Satrix INDI securities recorded in the
register on 28 September 2007;
- be effected on 26 October 2007.
The Satrix INDI securities had a Total Expense Ratio (TER) of 36,59 basis
points (0,3659%) (annualised) for the period 1 January to 30 September
2007. 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 26,99 basis points (0,2699%) on
an annualised basis.
Johannesburg
18 October 2007
Sponsor
Java Capital (Proprietary) Limited
Manager
Satrix Managers (Proprietary) Limited
Trustee
ABSA Bank Limited
Date: 18/10/2007 17:01:33 Produced by the JSE SENS Department.
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