Wrap Text
Preliminary results for the CoreShares CORETOP50 for the year ended 31 December 2019
CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME
INSTRUMENT: CORESHARES S&P SOUTH AFRICA TOP 50 EXCHANGE TRADED FUND
ABBREVIATED NAME: CORETOP50
SHARE CODE: CTOP50
ISIN CODE: ZAE000204327
PRELIMINARY RESULTS FOR
CORESHARES S&P SOUTH AFRICA TOP 50 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 1,415,341,028 1,068,242,823
Accrued income and other receivables 852,146 458,937
Cash and cash equivalents 6,922,645 5,580,273
TOTAL ASSETS 1,423,115,819 1,074,282,033
LIABILITIES
Net assets attributable to investors 1,422,730,956 1,074,043,820
Accrued expenses and other payables 384,863 238,213
TOTAL LIABILITIES 1,423,115,819 1,074,282,033
STATEMENT OF OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2019
2019 2018
R R
Dividend income 59,612,814 32,823,151
Interest income 577,042 375,199
Income adjustments on creation and liquidation of units 1,374,868 -
Total income 61,564,724 33,198,350
Management and administration expenses (3,328,603) (2,342,109)
Income before distributions 58,236,121 30,856,241
Distributions (56,726,766) (32,396,937)
Profit/(loss) after distributions 1,509,355 (1,540,696)
Net fair value gains/(losses) on financial instruments at fair value
70,185,832 (72,164,742)
through profit or loss
Change in net assets attributable to investors 71,695,187 (73,705,438)
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 TOP 50 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 10
15 April 2019 30
15 July 2019 20
14 October 2019 38
Last Published Price as at 31 December 2019
Last published
price (cents)
CTOP50 2292
Investment Performance (%) as at 31 December 2019
Since inception
1 year
(annualised)
CTOP50 10.20% 4.70%
6 April 2020
Sponsor:
Grindrod Bank Limited
Date: 06-04-2020 08:50:00
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