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STXRAF - SATRIX RAFI 40 - Distribution and re-investment announcement - 30 June

Release Date: 11/07/2011 08:46
Code(s): JSE STXRAF
Wrap Text

STXRAF - SATRIX RAFI 40 - Distribution and re-investment announcement - 30 June 2011 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 - 30 JUNE 2011 Investors are advised that the manager and trustee of Satrix (being Satrix Managers (Proprietary) Limited and Absa Bank Limited, respectively) have for the period commencing 1 January 2011 and ending 30 June 2011 declared distributions to holders of Satrix RAFI 40 securities in an aggregate amount of 7.06 cents (R0.0706) per Satrix RAFI 40 security. These distributions were constituted by dividends and interest. In accordance with the investment policy of Satrix RAFI 40 the distributions were immediately 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. To the extent that the distributions (or any part thereof) are taxable in the hands of an investor, the investor will be liable for the tax associated with such distributions, notwithstanding that the distributions are re-invested on behalf of investors (and are not paid over to investors). The amount of the distributions set out 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. 11 July 2011 Sponsor: Vunani Corporate Finance Manager: Satrix Managers (Proprietary) Limited Date: 11/07/2011 08:46:01 Supplied by www.sharenet.co.za 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.

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