| Tue 3 Jul 2012, 14:33 | | Satrix RAFI 40 Portfolio - Distribution and re-investment announcement for June 2012 and salient dates for July 2012 |
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STXRAF
Distribution and re-investment announcement for June 2012 and salient dates for July 2012
SATRIX RAFI 40
A portfolio in the Satrix Collective Investment Scheme (Satrix),
registered as such in terms of the Collective Investment Schemes Control
Act, 45 of 2002.
JSE code: STXRAF
ISIN: ZAE000126033
DISTRIBUTION AND RE-INVESTMENT ANNOUNCEMENT FOR JUNE 2012 AND SALIENT
DATES FOR JULY 2012
Investors are advised that the Manager and Trustee of Satrix (being
Satrix Managers (Proprietary) Limited and Absa Bank Limited),
respectively have declared a distribution to holders of Satrix RAFI 40
securities recorded in the register on Friday, 29 June 2012 in respect
of the month of June 2012 as follows:
An aggregate amount of 1.03000 cents (R0.0103) per Satrix RAFI 40
security constituted as follows:
Gross dividend (cents per security)
1.01754
Dividend withholding tax at a rate of 15% per security
0.15263
Net dividend per security
0.86491
Interest
0.01246
1.03000
The dividend tax deducted will be paid as follows:
1. To the South African Revenue Service in respect of holders that
are not exempt from dividends tax;
2. Holders that are exempt from dividend tax, or holders qualifying
for a reduced rate per Double Tax Agreement (DTA) will receive
the appropriate dividend from their intermediary provided they
have completed and lodged the relevant exemption or reduced rate
prescribed application form timeously with their service provider.
The responsibility to make such submissions is that of the
security holder and failure to do so may result in dividends tax
being deducted in full.
The payment 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.
Payment will be made in respect of holders recorded in the register on
Friday 29 June 2012 (the record date) and be effected on Tuesday, 10
July 2012.
In accordance with the investment policy of Satrix RAFI 40 the
distribution (excluding the dividends tax as detailed above) will be re-
invested on behalf of investors through the purchase of securities
comprising the FTSE/JSE RAFI 40 Index in accordance 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.
The distribution (excluding the dividend tax as detailed above) will:
* where Satrix RAFI 40 securities are held on capital account, be
added to the base cost of each Satrix RAFI 40 security for capital
gains tax purposes; or
* where Satrix RAFI 40 securities are held as trading stock, be
regarded as part of the cost of acquiring a Satrix RAFI 40
security.
SALIENT DATES FOR JULY 2012:
Notice is hereby given that the following dates are of importance in
regard to a possible monthly distribution for the month of July 2012 by
the ETF to holders of Satrix Rafi 40 securities:
Last day to trade cum distribution:
Friday, 20 July 2012
Securities trade ex distribution:
Monday, 23 July 2012
Record date:
Friday, 27 July 2012
Announcement of distribution amount for July
2012, together with salient dates for August 2012
by:
Friday, 10 August 2012
Sandton
03 July 2012
Sponsor:
Vunani Corporate Finance
Manager:
Satrix Managers (Proprietary) Limited
Date: 03/07/2012 02:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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