SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution And Re-Investment Announcement For August 2017 And Salient Dates For September 2017-STXRAF

Distribution And Re-Investment Announcement For August 2017 And Salient Dates For September 2017-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 AUGUST 2017 AND SALIENT
DATES FOR SEPTEMBER 2017

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 Friday, 25 August 2017 in respect
of the month of August 2017:

An aggregate amount of 0.68 cents (R 0.0068) per Satrix RAFI 40 security
constituted as follows:

      Net Local dividend per security (1)                          0.31242
      Dividend withholding tax on local dividend (20%)             0.07811
      Net Foreign dividend per security (2)                        0.22612
      Dividend withholding tax on foreign dividend (20%)           0.05653
      Interest (a)                                                 0.00682
      TOTAL DISTRIBUTION                                           0.68000


  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)                          0.39053
      Dividend withholding tax (20% on taxable dividend)         - 0.07811

      Net dividend per security                                    0.31242




  2   NET FOREIGN DIVIDEND (Foreign-dual listed shares)


      Gross dividend (cents per security)                          0.28265
      Dividend withholding tax (20% on taxable dividend)         - 0.05653

      Net dividend per security                                    0.22612




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
Friday, 25 August 2017 and payment will be effected on Friday, 1
September 2017.

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 SEPTEMBER 2017:
Notice is hereby given that the following dates are of importance in
regard to a possible monthly distribution for the month of September 2017
by the ETF to holders of Satrix Rafi 40 securities:

Last day to trade “cum” distribution:            Tuesday,26 September 2017
Securities trade “ex” distribution:              Wednesday,27 September 2017                                        
Record date:                                     Friday,29 September 2017
Announcement of distribution amount, together
with salient dates for October 2017 on or        Friday,6 October 2017
before:

Sandton

25 August 2017

Sponsor:
Vunani Corporate Finance
Manager:
Satrix Managers (RF) Proprietary Limited

Date: 25/08/2017 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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