| Tue 3 Apr 2012, 12:24 | | STXRAF - Satrix Rafi 40 Portfolio - Distribution announcement - Salient Dates |
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JSE STXRAF
STX2
STXRAF - Satrix Rafi 40 Portfolio - Distribution announcement - Salient Dates
- month ended 30 April 2012
SATRIX RAFI 40 PORTFOLIO
A portfolio in the Satrix Collective Investment Scheme, registered as such in
terms of the Collective Investment Schemes Control Act, 45 of 2002
JSE code: STXRAF
ISIN code: ZAE000126033
("Satrix Rafi 40" or the "ETF")
DISTRIBUTION ANNOUNCEMENT - SALIENT DATES - MONTH ENDED 30 APRIL 2012
Notice is hereby given that the following dates are of importance in regard
to a possible monthly distribution for the month of April 2012 by the ETF to
holders of Satrix Rafi 40 securities:
Last day to trade "cum" Thursday, 19 April 2012
distribution:
Securities trade "ex" Friday, 20 April 2012
distribution:
Record date: Thursday, 26 April 2012
Announcement of any
distribution amount and
salient dates for May 2012: Friday, 4 May 2012
Distributions declared and paid by the portfolio will be re-invested in the
portfolio (excluding dividends withholdings tax of 15% on the dividends
received from the underlying constituents of the Satrix Rafi 40 Portfolio) on
behalf of investors by the purchase of securities comprising the FTSE / JSE
RAFI 40 Index (in line with the calculation methodology of the total return
version of this Index) thereby increasing the net asset value of Satrix RAFI
40 and, proportionately, each Satrix RAFI 40 security.
Dividends tax will be withheld, which amount shall not be reinvested in the
portfolio, at a rate of 15% in respect of holders of Satrix RAFI 40
securities that are recorded in the register on Thursday, 26 April 2012.
Dividends tax so withheld will be paid to the South African Revenue Service
in respect of holders that are not exempt from dividends tax. Holders that
are exempt from dividends tax, or holders qualifying for a reduced rate per
Double Tax Agreement ("DTA") will receive, in cash, the applicable amount of
the dividend withheld from their intermediary, provided they have completed
and timeously lodged the relevant exemption or reduced rate prescribed
application form with their service provider. It is the security holders`
responsibility to make such submissions to their service providers and
failure to do so may result in dividends tax being deducted in full.
The payment of dividends tax will be made by the relevant intermediary, being
the Central Securities Depository Participant ("CSDP") or Broker nominee
company which is the final regulated intermediary in terms of the Income Tax
Act.
3 April 2012
Sponsor
Vunani Corporate Finance
Manager:
Satrix Managers (Proprietary) Limited
Date: 03/04/2012 12:24:01 Produced by the JSE SENS Department.
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