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CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - Preliminary Results for CoreShares GLODIV for the period ended 31 December 2019

Release Date: 06/04/2020 08:35
Code(s): GLODIV     PDF:  
Wrap Text
Preliminary Results for CoreShares GLODIV for the period ended 31 December 2019

CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME
INSTRUMENT: CORESHARES GLOBAL DIVIDEND ARISTOCRATS EXCHANGE TRADED FUND
ABBREVIATED NAME: GLODIV
SHARE CODE: GLODIV
ISIN CODE: ZAE000254249



PRELIMINARY RESULTS FOR
CORESHARES GLOBAL DIVIDEND ARISTOCRATS EXCHANGE TRADED FUND
(CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME)
FOR THE YEAR ENDED 31 DECEMBER 2019

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2019


                                                                                        2019                  2018
                                                                                           R                     R
ASSETS

Listed investments held at fair value through profit or loss                    490,439,091           278,047,238
Accrued income and other receivables                                                703,912               332,105
Cash and cash equivalents                                                         4,259,102             2,081,075

TOTAL ASSETS                                                                    495,402,105           280,460,418


LIABILITIES

Net assets attributable to investors                                            494,971,371           280,349,504
Accrued expenses and other payables                                                 430,734               110,914

TOTAL LIABILITIES                                                               495,402,105           280,460,418


STATEMENT OF OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2019


                                                                                  12 months             11 months
                                                                                       2019                 2018 *
                                                                                          R                     R

Dividend income                                                                    8,803,238             3,276,941
Interest income                                                                      150,888                99,226
Income adjustments on creation and liquidation of unit                               914,310                      -
Total income                                                                       9,868,436             3,376,167
Management and administration expenses                                            (2,647,527)           (1,673,030)
Income before distributions                                                        7,220,909             1,703,137
Distributions                                                                     (5,176,596)             (686,097)
Profit after distributions                                                         2,044,313              1,017,040

Net fair value gains on financial instruments at fair value through
                                                                                  59,988,994             9,945,979
profit or loss
Change in net assets attributable to investors                                    62,033,307            10,963,019

* The Fund commenced in February 2018 and therefore the comparatives are 11 months.

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 GLOBAL DIVIDEND ARISTOCRATS EXCHANGE TRADED FUND
(CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME)
FOR THE YEAR ENDED 31 DECEMBER 2019



Income distributions per unit (cents)

                                                                       Cents
                                                                        per
Payment date                                                            unit
21 January 2019                                                           7
17 July 2019                                                             10



Last Published Price as at 31 December 2019
                                                                Last published
                                                                 price (cents)
GLODIV                                                               1308



Investment Performance (%) as at 31 December 2019
                                                                Since inception
                                                       1 year
                                                                 (annualised)
GLODIV                                                 20.94%       19.90%


6 April 2020


Sponsor:
Grindrod Bank Limited

Date: 06-04-2020 08:35:00
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