BETTABETA CIS - Distribution announcement - BBET40

Release Date: 17/01/2014 09:52
Code(s): BBET40
Wrap Text
Distribution announcement - BBET40

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
4 December 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 31 December 2013 (“the distribution”)
in an amount of 21.92505 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, 3 January
2014 and will be paid on Monday, 27 January 2014.
In terms of the Listings Requirements of the JSE Limited regarding Dividends Tax, 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 18.63629 cents per BettaBeta EWT40 security for security
      holders liable to pay the Dividends Tax and 21.92505 cents per BettaBeta EWT40 security for
      security holders exempt from paying the 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 31 December 2013 was 29.84
bps (0.298%).

17 January 2014

Investment bank and sponsor
Nedbank Capital

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