| Tue 8 Apr 2008, 15:14 | | STXIND - SATRIX INDI - Distribution Announcement |
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JSE STXIND
STX
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 31 March 2008. This distribution
will:
- be an amount of 7,25 cents (seven point two five cents) (R0,0725) per
Satrix INDI security;
- be constituted by:
- 7,17 cents in respect of dividends; and
- 0,08 cents in respect of other income;
- be made to all holders of Satrix INDI securities recorded in the register
on 4 April 2008;
- be effected on 10 April 2008.
The Satrix INDI securities had a Total Expense Ratio (TER) of 38,49 basis points
(0,3849%) (annualised) for the period 1 January to 31 March 2008. 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 31,50 basis points (0,3150%) on an annualised basis.
Rosebank
8 April 2008
Sponsor
Java Capital (Proprietary) Limited
Manager
Satrix Managers (Proprietary) Limited
Trustee
ABSA Bank Limited
Date: 08/04/2008 15:14:01 Produced by the JSE SENS Department.
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