SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution and re-investment announcement for September 2013 and salient dates for October 2013-STXRAF

Distribution and re-investment announcement for September 2013 and salient dates for October 2013-STXRAF

SATRIX RAFI 40
JSE code: STXRAF
ISIN: ZAE000126033

A portfolio in the Satrix Collective Investment Scheme (“Satrix”),
registered as such in terms of the Collective Investment Schemes Control
Act, 45 of 2002.

DISTRIBUTION AND RE-INVESTMENT           ANNOUNCEMENT    FOR   SEPTEMBER      2013    AND
SALIENT DATES FOR OCTOBER 2013

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, 27 September 2013 in
respect of the month of September 2013 as follows:

An aggregate amount of 7.81000           cents   (R0.07810)    per   Satrix    RAFI   40
security constituted as follows:


      Net Local dividend per security (1)                3.19762
      Dividend withholding tax on local                  0.56184
      dividend (15%)
      Net Foreign dividend per security (2)              2.99251
      Dividend withholding tax on foreign                0.52809
      dividend (15%)
      Foreign dividend (0% SA tax) (3)                   0.26309
      Interest                                           0.26685
      TOTAL DISTRIBUTION                                 7.81000

  1   NET LOCAL DIVIDEND
      Gross dividend (cents per security)                3.75946
      Gross STC credits                                 -0.01390
                                                         3.74556
      Dividend withholding tax (15% on                   0.56184
      taxable dividend)


      Gross dividend (cents per security)                3.75946
      Dividend withholding tax (15% on                  -0.56184
      taxable dividend)
      Net dividend per security                          3.19762

  2   NET FOREIGN DIVIDEND (Foreign-dual
      listed shares)
      Gross dividend (cents per security)                3.52060
      Dividend withholding tax (15% on                  -0.52809
      taxable dividend)
      Net dividend per security                          2.99251
     3   NET FOREIGN DIVIDEND NOT TAXED (S64N
         rebate)
         Gross dividend                                0.43561
         Foreign Dividends withholding tax            -0.15246
         (35%)
         Gross dividend received by portfolio          0.28315
         Less portfolio costs                         -0.02006
         Distributable dividend                        0.26309


         SA Dividend withholding tax
         Gross dividend                                0.43561
         Less portfolio costs                         -0.02006
                                                       0.41555


         SA DWT                                        0.06233

         SA tax 0.06233 cents (15%) will not be deducted as
         foreign dividend withholding tax has already been
         deducted (SECTION 64N).




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 dividends 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, 27 September 2013 (the “record date”) and be effected on Tuesday
09 October 2013.

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 OCTOBER 2013:
Notice is hereby given that the following dates are of importance in
regard to a possible monthly distribution for the month of October 2013
by the ETF to holders of Satrix Rafi 40 securities:

Last day to trade “cum” distribution:             Friday,   18 October   2013
Securities trade “ex” distribution:               Monday,   21 October   2013
Record date:                                      Friday,   25 October   2013
Announcement of distribution amount               Friday,   8 November   2013
for October 2013, together with
salient dates for November 2013 by:

Sandton
2 October 2013

Sponsor:
Vunani Corporate Finance

Manager:
Satrix Managers (Proprietary) Limited

Date: 02/10/2013 10:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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