CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - Distribution Announcement -SMART

Distribution Announcement -SMART

CoreShares Index Tracker Managers (RF) Proprietary Limited
Coreshares SciBeta Multifactor ETF
Share Code:SMART
ISIN:ZAE000269502


A portfolio in the CoreShares Index Tracker Collective Investment 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.

DISTRIBUTION ANNOUNCEMENT

Holders of the security are advised that a distribution will be made in respect of the three
months ended 30 June 2021

The following dates are of importance with regards to the distribution

Last day to trade cum distribution:                                    Tuesday, 13 July 2021
Ex-date:                                                             Wednesday, 14 July 2021
Record date:                                                            Friday, 16 July 2021
Payment date:                                                           Monday, 19 July 2021

An aggregated amount of 29.85000 cents per security is declared.

The nature and source of the distribution is explained in the following table:
                            Gross ZA                                        Net
                            Distribution   Subject to                    Distribution
Dividend/   Foreign/        (Cents per    Withholding tax Withholding     (Cents per
Interest    Local            unit)          Yes/ No           Tax (%)       unit)
Dividend    Local             24,99000       Yes               20         19,99200
Dividend    Foreign Dual       1,62000       Yes               20          1,29600
Dividend    REIT               2,89000       Yes               20          2,31200
Interest    Local              0,35000       No                            0,35000
TOTAL                         29,85000                                    23,95000

Source of foreign taxable dividends
Great Britain                                                                         100,00%
TOTAL                                                                                 100,00%

No dividend withholding tax will be deducted from dividends payable to a South African tax
resident qualifying for exemption from dividend withholding tax provided that the investor
has provided the Central Securities Depository Participant (CSDP) or broker with the
following:
a) a declaration that the distribution is exempt from dividends tax; and

b) a written undertaking to inform their CSDP or broker, should the circumstances affecting
the exemption change or the beneficial owner cease to be the beneficial owner,
both in the form prescribed by the South African Revenue Service. South African tax resident
investors are advised to contact their CSDP or broker, to arrange for the abovementioned
documents to be submitted prior to payment of the distribution, if such documents have not
already been submitted.

Withholding Tax on Interest (WTI) came into effect on 1 March 2015.
Investors are advised that to the extent that the distribution amount comprises of any
interest, it will not be subject to WTI by virtue of the fact that it is listed debt instruments
and/or bank debt.

Non-resident investors for South African income tax purposes

The dividend distribution received by non-resident investors will be exempt from income tax
in terms of section 10(1)(k)(i) of the Act, but will be subject to dividend withholding tax.
Dividend withholding tax is levied at a rate of 20%, unless the rate is reduced in terms of any
applicable agreement for the avoidance of double taxation (DTA) between South Africa and
the country of residence of the non-resident investor.
A reduced dividend withholding rate in terms of the applicable DTA may only be relied on if
the non-resident investor has provided the following forms to their CSDP or broker in
respect of its participatory interest:
a) a declaration that the dividend is subject to a reduced rate because of the application of a
DTA; and

b) a written undertaking to inform the CSDP or broker should the circumstances affecting
the reduced rate change or the beneficial owner cease to be the beneficial owner,
both in the form prescribed by the South African Revenue Service. Non-resident investors
are advised to contact their CSDP or broker to arrange for the abovementioned documents
to be submitted prior to the payment of the distribution if such documents have not already
been submitted.

Both resident and non-resident investors are encouraged to consult their professional
advisors should they be in any doubt as to the appropriate action to take.

Foreign dividends received are subject to normal tax and are exempt from SA dividends tax.

Date of announcement: 08 July 2021

Sponsor : Grindrod Bank Limited

Date: 08-07-2021 09:00:00
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