NEWFUNDS COLLECTIVE INVEST SCHEME - NFILBI: Interest Distribution And Re-Investment Announcement For Month Ended 31 May 2018.

Release Date: 14/06/2018 10:53
Code(s): NFILBI
Wrap Text
NFILBI: Interest Distribution And Re-Investment Announcement For Month Ended 31 May 2018.

Share code: NFILBI
ISIN: ZAE000162244

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”)

31 MAY 2018

NewFunds has today finalised a distribution to holders of NewFunds ILBI ETF securities recorded as
such in the register on Friday, 22 June 2018, for the month ended 31 May 2018 as follows:

 Cents per ETF security, comprising of Interest         14.74300

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 June 2018
 Last day to trade                                        Tuesday, 19 June 2018
 Securities trading ‘ex’ distribution                     Wednesday, 20June 2018
 Record date                                              Friday, 22 June 2018
 Payment date                                             Monday, 25 June 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
 NFILBI                           900,000                             9398125170

14 June 2018

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

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