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CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - PrefTrax general update - PREFTX

Release Date: 01/03/2018 10:45
Code(s): PREFTX     PDF:  
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PrefTrax general update - PREFTX

CoreShares Index Tracker Managers (RF) Proprietary Limited

Coreshares Preftrax

Share code: PREFTX ISIN: ZAE000185658

("PrefTrax")

A portfolio in the CoreShares Index Tracker Collective Investment Scheme (formerly Grindrod Index
Tracker Collective Investment Scheme)(“the Scheme”) registered as such in terms of the Collective
Investment Schemes Control Act, 45 of 2002, managed by CoreShares Index Tracker Managers (RF)
Proprietary Limited (formerly Grindrod Index Tracker Managers Proprietary Limited)(“the Manager”)

PrefTrax general update

PrefTrax, an index tracking fund, is mandated to passively track the FTSE/JSE Preference Share Index
(J251 Index) as closely as possible. Accordingly, PrefTrax takes guidance from the FTSE/JSE Africa Index
Series Ground Rules (v5.5) in all instances.

As of Wednesday 1 March 2018, PrefTrax holds Steinhoff Investment Holdings Limited - variable rate,
cumulative, non-redeemable, non-participating preference shares (“SHFF”), as required by the J251
Index in a weight of 2.9%.

As of Wednesday 1 March 2018, SHFF, a constituent share of PrefTrax, was suspended from trading.
Please refer to the general announcement released on SENS on Wednesday, 1 March 2018.

In line with section 6.5 (Suspension of Dealing) of the FTSE/JSE Africa Index Series Ground Rules (v5.5),
PrefTrax will continue to hold the SHFF at the value at which it was suspended of R44.01 per security,
until further notice.

The FTSE/JSE Africa Index Series Ground Rules (v5.5) is available on the JSE Limited website hosted at
www.jse.co.za

CoreShares undertakes to update PreffTrax holders of any significant changes.

1 March 2018

Sponsor

Grindrod Bank Limited

Date: 01/03/2018 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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