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NEWFUNDS COLLECTIVE INVEST SCHEME - NFGOVI: Interest Distribution and Re-Investment Announcement for the Month Ended 30 September 2018.

Release Date: 11/10/2018 12:06
Code(s): NFGOVI     PDF:  
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NFGOVI: Interest Distribution and Re-Investment Announcement for the Month Ended 30 September 2018.

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 SEPTEMBER 2018

NewFunds has today finalised a distribution to holders of NewFunds GOVI ETF securities recorded as such
in the register on Friday, 19 October 2018, for the month ended 30 September 2018 as follows:

                                                        NFGOVI
 Cents per ETF security, comprising of Interest         36.5860


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, 11 October 2018

 Last day to trade                                        Tuesday, 16 October 2018

 Securities trading ‘ex’ distribution                     Wednesday, 17 October 2018

 Record date                                              Friday, 19 October 2018

 Payment date                                             Monday, 22 October 2018


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
authorised 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                           10,575,000                          9019670224

11 October 2018

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

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