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NEWFUNDS COLLECTIVE INVEST SCHEME - NEWFSA; NFSH40; RAFFIN; RAFIND; RAFRES and RAFISA - Distribution for the quarter ended 30 September 2014

Release Date: 16/10/2014 09:33
Code(s): NEWFSA NFSH40 RAFISA RAFFIN RAFRES RAFIND     PDF:  
Wrap Text
NEWFSA; NFSH40; RAFFIN; RAFIND; RAFRES and RAFISA - Distribution for the quarter ended 30 September 2014

NEWFUNDS eRAFI(TM) SA FINANCIAL 15 INDEX ETF
Share code: RAFFIN
ISIN: ZAE000134979

NEWFUNDS eRAFI(TM) SA INDUSTRIAL 25 INDEX ETF
Share code: RAFIND
ISIN: ZAE000135182

NEWFUNDS NEWSA INDEX PORTFOLIO
Share code: NEWFSA
ISIN: ZAE000104055

NEWFUNDS eRAFI(TM) SA RESOURCE 20 INDEX ETF
Share code: RAFRES
ISIN: ZAE000135166

NEWFUNDS ERAFI(TM) OVERALL SA INDEX ETF
Share code: RAFISA
ISIN: ZAE000117149

NEWFUNDS SHARIAH TOP 40 INDEX ETF
Share code: NFSH40
ISIN: ZAE000130431


Portfolios in the NewFunds Collective Investment Scheme in Securities registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 
and managed by NewFunds Proprietary Limited. (Registration Number 2005/034899/07)

DISTRIBUTION ANNOUNCEMENT FOR THE QUARTER ENDED 30 SEPTEMBER 2014


Further to the announcement published on Thursday, 3 September 2014, a distribution has been declared today, Thursday 16 October 2014 to holders of ETF 
securities ("investors") recorded in the register on Friday, 26 Sepember 2014, for the quarter ended 30 September 2014 as follows:

Alpha code   Dividend/      Foreign/            Gross           Subject to Withholding   *Withholding        STC                 Net
              Interest       Local           Distribution                 tax              Tax (%)      (Cents per unit)     Distribution
                                           (Cents per unit)            Yes/ No                                             (Cents per unit)



 NEWFSA      Interest         Local                   1.19498            No                                                          1.19498
             Dividend         Local                  12.95636            Yes                 15            0.01005                  11.01441
             Dividend    Foreign (Other)             18.06660            Yes                 15                                     15.35661
             Dividend       REITs**                   1.04102            No                                                          0.88487
                                                     33.25896                                                                       28.45087

 NFSH40      Interest         Local                   0.00000            No                                                          0.00000
             Dividend         Local                   1.68743            Yes                 15            0.00234                   1.43467
             Dividend    Foreign (Other)              3.21413            Yes                 15                                      2.73201
                                                      4.90156                                                                        4.16668

 RAFFIN      Interest         Local                   0.20924            No                                                          0.20924
             Dividend         Local                  28.90445            Yes                 15            0.00000                  24.56878
             Dividend    Foreign (Other)             13.26824            Yes                 15                                     11.27800
             Dividend       REITs**                   2.61873            No                                                          2.22592
                                                     45.00066                                                                       38.28194

 RAFIND      Interest         Local                   0.34655            No                                                          0.34655
             Dividend         Local                  34.84335            Yes                 15            0.02498                  29.62059
             Dividend    Foreign (Other)              8.66730            Yes                 15                                      7.36721
                                                     43.85720                                                                       37.33435

 RAFRES      Interest         Local                   0.03306            No                                                          0.03306
             Dividend         Local                   0.84911            Yes                 15            0.00000                   0.72174
             Dividend    Foreign (Other)              8.51831            Yes                 15                                      7.24056
                                                      9.40048                                                                        7.99536

 RAFISA      Interest         Local                   0.16195            No                                                          0.16195
             Dividend         Local                  17.14004            Yes                 15            0.00762                  14.57018
             Dividend    Foreign (CFR)                0.48820            No                   0                                      0.48820
             Dividend    Foreign (Other)             15.41959            Yes                 15                                     13.10665
                                                     33.20978                                                                       28.32698

The distribution will be paid on Tuesday, 21 October 2014 to all securities holders recorded on the register on Friday, 26 September 2014.


Holders of Shariah ETF securities
Holders of Shariah ETF securities ("investors") are advised that the appropriate purification of dividends, through the donation of 5% of the dividends to 
charity, needs to be effected by each investor. Absa Islamic Banking's Shari'ah Supervisory Board (''SSB'') has provided the following list of approved 
charitable institutions. The list is not exhaustive and it is therefore not obligatory to use one of the specified charities:
1. Al Furqaan Orphanage (Gauteng)
2. Gift of the Givers (RSA)
3. SANZAF (RSA)
4. Africa Muslims Agency (RSA)
5. Al-Imdaad Foundation
6. Muslim Hands (RSA)
7. Islamic Relief Agency (RSA)
8. Bait-ul-Khair (Gauteng)
9. TIBA Services for the Blind (Gauteng)
10. Mustadafin Foundation (www.mustadafin.com)

*Investors should seek advice from their tax advisor on whether the tax and rate shown is applicable to them.
** The dividend distribution by a REIT received by South African tax residents must be included in their gross income and will not be exempt in terms of 
the ordinary dividend exemption in section 10(1)(k)(i) of the Income Tax Act No. 58 of 1962 ("the Act") as a result of paragraph (aa) of the proviso 
thereto which provides that dividends distributed by a REIT are not exempt from income tax.
No dividend withholding tax will be deducted from dividends payable to a South African tax resident qualifying for exemption from dividend withholding 
tax provided that the investor has provided the following forms to their Central Securities Depository Participant ("CSDP") or broker, as the case may 
be in respect of its participatory interest:
a) a declaration that the distribution is exempt from dividends tax; and
b) a written undertaking to inform their CSDP or broker, as the case may be, should the circumstances affecting the exemption change or the beneficial 
owner cease to be the beneficial owner, both in the form prescribed by the South African Revenue Service. South African tax resident investors are advised 
to contact their CSDP or broker, as the case may be, to arrange for the abovementioned documents to be submitted prior to payment of the distribution, 
if such documents have not already been submitted.

Non-resident investors for South African income tax purposes
The dividend distribution received by non-resident investors will be exempt from income tax in terms of section 10(1)(k)(i) of the Act, but will be 
subject to dividend withholding tax. Dividend withholding tax is levied at a rate of 15%, unless the rate is reduced in terms of any applicable agreement 
for the avoidance of double taxation ("DTA") between South Africa and the country of residence of the non-resident investor.
A reduced dividend withholding rate in terms of the applicable DTA may only be relied on if the non-resident investor has provided the following forms 
to their CSDP or broker, as the case may be in respect of its participatory interest:
a) a declaration that the dividend is subject to a reduced rate as a result of the application of a DTA; and
b) a written undertaking to inform the CSDP or broker, as the case may be, should the circumstances affecting the reduced rate change or the beneficial 
owner cease to be the beneficial owner, both in the form prescribed by the South African Revenue Service. Non-resident investors are advised to contact 
their CSDP or broker, as the case may be, to arrange for the abovementioned documents to be submitted prior to the payment of the distribution if such 
documents have not already been submitted.

Both resident and non-resident investors are encouraged to consult their professional advisors should they be in any doubt as to the appropriate action 
to take.

Additional information:

                                       Number                        Tax
                                  of securities                  reference
                                     in issue                      number
RAFFIN                                  422 216                  9181003188
RAFIND                                  250 814                  9005418224
RAFISA                                1 957 255                  9180010184
RAFRES                                  265 944                  9619247167
NEWFSA                                  772 724                  9004206224
NFSH40                                7 895 446                  9403872162

16 October 2014

Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)



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