SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution and Re-investment Announcement for December 2015 and Salient Dates for January 2016 - STXRAF

Distribution and Re-investment Announcement for December 2015 and Salient Dates for January 2016 - STXRAF

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX RAFI 40
JSE code: STXRAF
ISIN: ZAE000126033

A portfolio in the Satrix Collective Investment Scheme (“Satrix”),
registered as such in terms of the Collective Investment Schemes Control
Act, 45 of 2002.

DISTRIBUTION AND RE-INVESTMENT ANNOUNCEMENT FOR DECEMBER 2015 AND SALIENT
DATES FOR JANUARY 2016.

Investors are advised that the Manager and Trustee of Satrix (being
Satrix Managers (RF) Proprietary Limited and Standard Chartered Bank,
respectively) have declared a distribution to holders of Satrix RAFI 40
securities recorded in the register on Thursday, 31 December 2015 in
respect of the month of December 2015 as follows:

An aggregate amount of 0.75 cents (R0.0075) per Satrix RAFI 40 security
constituted as follows:

     Net Local dividend per security (1)                          0.29798
     Dividend withholding tax on local dividend (15%)             0.05259
     Net Foreign dividend per security (2)                        0.33378
     Dividend withholding tax on foreign dividend (15%)           0.05890
     Interest ( positive cash balances) (a)                       0.00675
                                                                  0.75000

 a   No withholding tax on interest is applicable as
     interest has solely been earned from a South African
     Bank.

 1   NET LOCAL DIVIDEND
     Gross dividend (cents per security)                          0.35057
     Dividend withholding tax (15% taxable dividend)          -   0.05259
     Net dividend per security                                    0.29798

 2   NET FOREIGN DIVIDEND (Foreign-dual listed shares)
     Gross dividend (cents per security)                          0.39268
     Dividend withholding tax (15% on taxable dividend)       -   0.05890
                                                                  0.33378

The dividend tax deducted will be paid as follows:

1.   To the South African Revenue Service in respect of holders that are
     not exempt from dividends tax;

2.   Holders that are exempt from dividends tax or holders qualifying for
     a reduced rate per Double Tax Agreement (“DTA”) will receive the
     appropriate dividend from their intermediary provided they have
     completed and lodged the relevant exemption or reduced rate
     prescribed application form timeously with their service provider.
     The responsibility to make such submissions is that of the security
    holder and failure     to   do   so   may   result   in   dividends   tax    being
    deducted in full.

The payment 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.

Payment will be made in respect of holders recorded in the register on
Thursday, 31 December 2015 and be effected on Tuesday, 19 January 2016.

In accordance with the investment policy of Satrix RAFI 40 the
distribution (excluding the dividends tax as detailed above) will be 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.

The distribution (excluding the dividend tax as detailed 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.

SALIENT DATES FOR JANUARY 2016:
Notice is hereby given that the following dates are of importance in
regard to a possible monthly distribution for the month of January 2016
by the ETF to holders of Satrix Rafi 40 securities:

Last day to trade “cum” distribution:                     Friday,   22 January   2016
Securities trade “ex” distribution:                       Monday,   25 January   2016
Record date:                                              Friday,   29 January   2016
Announcement of distribution amount                       Friday,   5 February   2016
for January 2016, together with
salient dates for February 2016 by:

Sandton
8 January 2016

Sponsor:
Vunani Corporate Finance

Manager:
Satrix Managers (RF) Proprietary Limited

Date: 08/01/2016 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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