CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - Preliminary results for Coreshares Dividend Aristocrats Exchange Traded Fund for the year ended 31 December 2022

Preliminary results for Coreshares Dividend Aristocrats Exchange Traded Fund for the year ended 31 December 2022

CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME
INSTRUMENT: CORESHARES DIVTRAX
ABBREVIATED NAME: DIVTRAX
SHARE CODE: DIVTRX
ISIN CODE: ZAE000190104



PRELIMINARY RESULTS FOR
CORESHARES S&P SOUTH AFRICA DIVIDEND ARISTOCRATS EXCHANGE TRADED FUND
(CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME)
FOR THE YEAR ENDED 31 DECEMBER 2022

CONDENSED STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022


                                                                                        2022                  2021
                                                                                           R                     R
ASSETS

Investments held at fair value                                                  177,237,476            129,395,490
Other assets                                                                      1,354,244                687,328

TOTAL ASSETS                                                                    178,591,720            130,082,818


LIABILITIES

Net assets attributable to participatory interest holders                       178,444,094            129,967,052
Other liabilities                                                                   147,626                115,766

TOTAL LIABILITIES                                                               178,591,720            130,082,818


CONDENSED STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2022


                                                                                        2022                  2021
                                                                                           R                     R

Net investment income                                                             23,398,484            13,289,364
Operating expenses                                                                (1,001,754)           (1,123,767)
Distributions and withholding taxes                                              (10,946,589)           (9,637,897)
Change in net assets attributable to participatory interest
                                                                                  11,450,141             2,527,700
holders




This abridged report is extracted from audited information but is not itself audited. The audited financial
statements are available at www.coreshares.co.za.
PRELIMINARY RESULTS FOR
CORESHARES S&P SOUTH AFRICA DIVIDEND ARISTOCRATS EXCHANGE TRADED FUND
(CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME)
FOR THE YEAR ENDED 31 DECEMBER 2022



Income distributions per unit (cents)

Payment date                                                       Cents per unit
12 January 2022                                                                  6.76
12 April 2022                                                                   47.05
13 July 2022                                                                    34.18
12 October 2022                                                                 68.89


Annual management fee % (excluding VAT)


DIVTRX                                                                   0.40


Last Published Price as at 31 December 2022
                                                                   Last published
                                                                    price (cents)

DIVTRX                                                                  2,240.22



Investment Performance (%) as at 31 December 2022
                                                                  Since inception
                                                        1 year
                                                                   (annualised)
DIVTRX                                                   14.4             4.6


Portfolio composition (%) as at 31 December 2022
                                                                       Cash,
                                                       Equities   receivables, and
                                                                     payables
DIVTRX                                                  99.43            0.57


31 March 2023


Sponsor:
Grindrod Bank Limited
Title
Subtitle



24 March 2023



TRUSTEE’S REPORT ON THE ADMINISTRATION OF THE COLLECTIVE INVESTMENT SCHEME
MANAGED BY: CORESHARES INDEX TRACKER MANAGERS PROPRIETARY LIMITED (as the Manager)
IN RESPECT OF THE CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME
FINANCIAL YEAR ENDED: 31 December 2022


Report in terms of Section 70(1) (f) of the Collective Investment Schemes Control Act 2002 (Act No 45 of 2002)

As trustee of the above-mentioned Collective Investment Scheme, we are required to report to the participatory interest
holders on the administration of the Scheme during each annual accounting period.

We advise for this accounting period that we reasonably believe that the Manager has administered the Scheme in
accordance with:

i. The limitations imposed on the investment and borrowing powers of the Manager by the Act; and
ii. The provision of the Act and the Trust Deed.


We further confirm that there were no material instances of compliance contraventions and therefore no consequent
losses incurred by the Portfolio.




Yours truly




Shonese Hassim                                                                                         Renee Theron

Manager CIS Trustee                                                                                    Senior Manager
NEDBANK INVESTOR SERVICES




Lakeview Campus, 16 Constantia Boulevard, Constantia Kloof, Roodepoort, 1709 | PO Box 1144, Johannesburg, 2000, South Africa
+27 (0)11 671 7209 | cib@nedbank.co.za | nedbank.co.za/cib

Directors: PM Makwana (Chairperson) MWT Brown (Chief Executive) HR Brody (Lead Independent Director) BA Dames MH Davis (Chief Financial Officer) NP
Dongwana EM Kruger P Langeni RAG Leith L Makalima Dr MA Matooane MC Nkuhlu (Chief Operating Officer) M Nyati S Subramoney Company Secretary:
J Katzin 01.03.2023
Nedbank Ltd Reg No 1951/000009/06. Licensed financial services and registered credit provider (NCRCP16).

Date: 31-03-2023 03:52:00
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