NFILBI: Interest Distribution And Re-Investment Announcement For Month Ended 31 May 2018.
NEWFUNDS ILBI EXCHANGE TRADED FUND PORTFOLIO
Share code: NFILBI
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
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.
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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