To view the PDF file, sign up for a MySharenet subscription.

STXRAF - Satrix Rafi 40 Portfolio - Distribution announcement - Salient Dates

Release Date: 03/04/2012 12:24
Code(s): JSE STXRAF
Wrap Text

STXRAF - Satrix Rafi 40 Portfolio - Distribution announcement - Salient Dates - month ended 30 April 2012 SATRIX RAFI 40 PORTFOLIO A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 JSE code: STXRAF ISIN code: ZAE000126033 ("Satrix Rafi 40" or the "ETF") DISTRIBUTION ANNOUNCEMENT - SALIENT DATES - MONTH ENDED 30 APRIL 2012 Notice is hereby given that the following dates are of importance in regard to a possible monthly distribution for the month of April 2012 by the ETF to holders of Satrix Rafi 40 securities: Last day to trade "cum" Thursday, 19 April 2012 distribution: Securities trade "ex" Friday, 20 April 2012 distribution: Record date: Thursday, 26 April 2012 Announcement of any distribution amount and salient dates for May 2012: Friday, 4 May 2012 Distributions declared and paid by the portfolio will be re-invested in the portfolio (excluding dividends withholdings tax of 15% on the dividends received from the underlying constituents of the Satrix Rafi 40 Portfolio) on behalf of investors by the purchase of securities comprising the FTSE / JSE RAFI 40 Index (in line 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. Dividends tax will be withheld, which amount shall not be reinvested in the portfolio, at a rate of 15% in respect of holders of Satrix RAFI 40 securities that are recorded in the register on Thursday, 26 April 2012. Dividends tax so withheld will be paid to the South African Revenue Service in respect of holders that are not exempt from dividends tax. Holders that are exempt from dividends tax, or holders qualifying for a reduced rate per Double Tax Agreement ("DTA") will receive, in cash, the applicable amount of the dividend withheld from their intermediary, provided they have completed and timeously lodged the relevant exemption or reduced rate prescribed application form with their service provider. It is the security holders` responsibility to make such submissions to their service providers and failure to do so may result in dividends tax being deducted in full. The payment of dividends tax 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. 3 April 2012 Sponsor Vunani Corporate Finance Manager: Satrix Managers (Proprietary) Limited Date: 03/04/2012 12:24:01 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.

Share This Story