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BETTABETA CIS - Distribution announcement

Release Date: 10/10/2013 15:55
Code(s): BBET40     PDF:  
Wrap Text
Distribution announcement

The BettaBeta Equally Weighted Top 40 portfolio
(A portfolio under the BettaBeta Collective Investment Scheme (“BettaBeta CIS”) registered in terms
of the Collective Investment Schemes Control Act, 45 of 2002)
Registration number of management company, Nedgroup Beta Solutions (Pty) Ltd: 2007/009755/07
Share Code: BBET40
ISIN: ZAE000144507
(“BettaBeta EWT40” or “the ETF”)


Distribution announcement


Holders of BettaBeta EWT40 securities (“securities holders”) are referred to the announcement dated
12 September 2013 setting out details of a possible quarterly distribution by BettaBeta EWT40 to
securities holders.
Further to the abovementioned announcement, the manager (Nedgroup Beta Solutions (Proprietary)
Limited) and the trustee (FirstRand Bank Limited) of BettaBeta EWT40 have now resolved to make a
quarterly distribution to securities holders for the quarter ended 30 September 2013 (“the distribution”)
in an amount of 42.63404 cents (gross) per BettaBeta EWT40 security. The distribution will be
constituted entirely as a cash dividend out of income reserves.
The distribution will be made to all securities holders recorded in the register on Friday, 4 October
2013 and will be paid on Monday, 14 October 2013.
In terms of the Listings Requirements of the JSE Limited regarding the new Dividends Tax effective 1
April 2012, the following additional information is provided:
1.    Local dividend tax rate is 15%;
2.    No STC credits have been utilised;
3.    The net local dividend amount is 36.23893 cents per BettaBeta EWT40 security for security
      holders liable to pay the new Dividends Tax and 42.63404 cents per BettaBeta EWT40 security
      for security holders exempt from paying the new Dividends Tax; and
4.    BettaBeta EWT40 tax reference number is 0153098249 and the ETF has 3,000,000
      participatory interests in issue as at the date of this announcement.


The Total Expense Ratio (“TER”) of the portfolio over the 12 months to 30 September 2013 was 29.81
bps (0.298%).


Johannesburg
10 October 2013


Investment bank and sponsor
Nedbank Capital

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