NFEMOM - Newfunds Equity Momentum ETF - Distribution And Re-Investment
JSE NFEMOM
NFS
NFEMOM - Newfunds Equity Momentum ETF - Distribution And Re-Investment
Announcement - Period Ended 31 March 2012
NEWFUNDS EQUITY MOMENTUM EXCHANGE TRADED FUND PORTFOLIO
("NEWFUNDS EQUITY MOMENTUM ETF" or "the ETF")
SHARE CODE: NFEMOM
ISIN: ZAE000162236
A Portfolio in the NewFunds Collective Investment Scheme in Securities
registered as such in terms of the Collective Investment Schemes Control Act, 45
of 2002
DISTRIBUTION AND RE-INVESTMENT ANNOUNCEMENT - PERIOD ENDED 31 March 2012
Further to the announcement released on SENS on 8 March 2012, holders of ETF
securities are advised that there will be a distribution for the period ended 31
March 2012 of 2 cents per ETF security. The distribution is comprised entirely
of local dividends.
In accordance with the investment policy of the NEWFUNDS EQUITY MOMENTUM ETF,
all distributions declared by the ETF on its additional Constituent Securities
(as defined in the Portfolio Supplement dated 12 January 2011) are re-invested
on behalf of investors by the purchase of the ETF of additional Constituent
Securities (in the weightings of the Equity Momentum Index),thereby increasing
proportionately the net asset value of each participatory interest in the
NEWFUNDS EQUITY MOMENTUM ETF.
SARS has confirmed that since dividends declared prior to 1 April were subject
to Secondary Tax on Companies in the hands of the companies declaring them, the
distribution (part thereof comprising dividends) to investors for the period
prior to 1 April 2012, is not subject to dividends tax.
25 April 2012
Sponsor
Absa Capital
(the investment banking division of Absa Bank Limited, affiliated with Barclays)
Date: 25/04/2012 17:32:00 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
