JSE STXFIN
STXF
Satrix FINI - Distribution Announcement
SATRIX FINI
DISTRIBUTION ANNOUNCEMENT
JSE code: STXFIN
ISIN CODE: ZAE000036356
The trustees of the Satrix Collective Investment Scheme (being ABSA Bank
Limited) have resolved to make a distribution to holders of Satrix FINI Index
Securities recorded in the register in respect of the quarter ended 30 December
2005. This distribution will:
- be an amount of R 0.0501 cents (five point zero one cents) per Satrix
FINI Index Security, constituted by:
- 5.01 cents in respect of dividends;
- be made to all holders of Satrix FINI Index Securities recorded in the
register on 30 December 2005;
- be effected on 23rd January 2006
An unavoidable tracking error was incurred during the quarter as a result of
various corporate transactions whereby the Satrix Fini Trust was forced to sell
certain of its holdings at a discount and repurchase these securities at the
market price in order to ensure perfect ongoing tracking of the FTSE/JSE
Financial 15 Index. These transactions and the amounts expended to restore the
correct index exposure were:
R
Sanlam Ltd 73 953
For the calendar year 2005, the Satrix Fini Index securities had an unaudited
Total Expense Ratio (TER) of 5,8 basis points (0,058%).
18 January 2006
Date: 18/01/2006 12:46:29 PM Produced by the JSE SENS Department
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