CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - Distribution Finalisation Announcement - LVLTRX

Distribution Finalisation Announcement - LVLTRX

CoreShares LowVolTrax
Share code: LVLTRX ISIN: ZAE000190112
("LowVolTrax")

A portfolio in the CoreShares Index Tracker Collective Investment Scheme registered as such in terms
of the Collective Investment Schemes Control Act, 45 of 2002, managed by CoreShares Index Tracker
Managers (RF) Proprietary Limited

DISTRIBUTION FINALISATION ANNOUNCEMENT

Holders of LowVolTrax securities are advised that a distribution will be made in respect of the quarter
ended 31 December 2015. The distribution of 23.44922 cents per LowVolTrax Security will be
comprised as follows:


 Dividend (local) (to be taxed at 15%)(gross)                                         12.27263 cents
 Dividends Withholding Tax (15%)                                                       1.84089 cents
 Resultant net dividend                                                               10.43174 cents

 Gross REIT Distribution                                                               8.05826 cents
 (No Dividend Withholding Tax deducted for SA resident securities
 holders)
 Non-residents:
 Local Dividends withholding Tax (15%)                                                 1.20874 cents
 Net dividend                                                                          6.84952 cents

 Dividend (foreign) (to be taxed at 15%)(gross)                                        1.82160 cents
 Dividends Withholding Tax (15%)                                                       0.27324 cents
 Resultant net dividend                                                                1.54836 cents

 Dividend (foreign) (already taxed at greater than SA 15% Dividends                    1.29673 cents
 Withholding Tax) (gross)
 Dividends Withholding Tax in South Africa (N/A)                                       0.00000 cents
 Resultant net dividend                                                                1.29673 cents


The distribution will be made to all holders of LowVolTrax securities who were recorded in the register
on 31 December 2015 and will be paid on 21 January 2016.

18 January 2016

Sponsor
Grindrod Bank Limited

Date: 18/01/2016 03:21:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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