To view the PDF file, sign up for a MySharenet subscription.

NEWFUNDS COLLECTIVE INVEST SCHEME - NFGOVI: Interest Distribution And RE-Investment for Month End 30 November 2017

Release Date: 14/12/2017 12:04
Code(s): NFGOVI     PDF:  
Wrap Text
NFGOVI: Interest Distribution And RE-Investment for Month End 30 November 2017

NEWFUNDS GOVI EXCHANGE TRADED FUND PORTFOLIO
Share code: NFGOVI
ISIN: ZAE000161949

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 (RF) Proprietary
Limited (Registration Number 2005/034899/07) (“NewFunds”)

INTEREST DISTRIBUTION AND RE-INVESTMENT ANNOUNCEMENT FOR THE MONTH ENDED
30 NOVEMBER 2017

NewFunds has today finalised a distribution to holders of ETF securities recorded as such in the register
on Friday, 22 December 2017, for the month ended 30 November 2017 as follows:

                                                       NFGOVI
Cents per ETF security, comprising of Interest           44.35300


Investors are advised that the distribution amount will not comprise of any dividends, therefore no
dividend tax will be applicable to the distribution amount.

Holders of the ETF securities should note the following dates in relation to the distribution:

Declaration and finalisation                            Thursday, 14 December 2017
Last day to trade                                       Tuesday, 19 December 2017
Securities trading ‘ex’ distribution                    Wednesday, 20 December 2017
Record date                                             Friday, 22 December 2017
Payment date                                            Wednesday, 27 December 2017


In accordance with the investment policy of the ETFs, the distribution will be re-invested on behalf of
investors via the purchase by the ETF of additional Constituent Securities, or Index Constituents, (as
defined in the relevant Portfolio Supplement) in the appropriate weightings, thereby increasing the net
asset value of the ETF and, proportionately increasing the value of each ETF security.

Withholding Tax on Interest (WTI) came into effect on 1 March 2015.

Interest accruing from a South African source to a non-resident, excluding a controlled foreign company,
will be subject to withholding tax at a rate of 15% on payment, except interest,
- arising on any Government debt instrument
- arising on any listed debt instrument
- arising on any debt owed by a bank or the South African Reserve Bank
- arising from a bill of exchange or letter of credit where goods are imported into South Africa and where
an authorized dealer has certified such on the instrument
- payable by a headquarter company
- accruing to a non-resident natural person who was physically present in South Africa for a period
exceeding 183 days in aggregate, during that year, or carried on a business through a permanent
establishment in South Africa

Investors are advised that to the extent that the distribution amount comprise of any interest, it
will not be subject to WTI by virtue of the fact that it is Government debt, listed debt instruments
and/or bank debt.
Additional information:
                                 Number of securities in issue    Tax reference number
NFGOVI                           6,025,000                        9019670224

14 December 2017

Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 14/12/2017 12:04:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story