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SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement Quarter end 31 December 2023 - STXNAM

Release Date: 09/01/2024 16:20
Code(s): STXNAM     PDF:  
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Distribution Finalisation Announcement Quarter end 31 December 2023 - STXNAM

ISIN code: ZAE000318275

A portfolio in the Satrix Collective Investment Scheme in Securities, registered as such in terms of the Collective Investment
Schemes Control Act, 45 of 2002.


The Manager and Trustees of the Satrix Collective Investment Scheme (being Satrix Managers (RF) (Pty) Limited and
Standard Chartered Bank), respectively, have declared a distribution to holders of SATRIXNAM securities ('investors')
recorded in the register on Friday, 19 January 2024 in respect of the quarter ended 31 December 2023.

An aggregate amount of 47.36000 cents (R0.47360) per SATRIXNAM security is declared as follows:

Alpha Code: STXNAM                                  *Interest        Total

Distribution Source type                      Local
Net Distribution Reinvested                   Yes
Source of Funds (Country Code)                ZA
Subject to Foreign Withholding tax            No
Gross Foreign Rate (cents per unit)
Foreign Tax % withheld at source
Foreign Tax amount per unit
DTA with Source Country
Foreign Tax Reclaim %
Portfolio/Management Cost
Interest Expense
Other costs
Gross ZA Distribution (Cents per unit)        47.36000              47.36000
  ***Applicable to non-exempt South African shareholders
Gross Local Rate (cents per unit)             47.36000
SA Withholding Tax %
SA Withholding Tax amount per unit
Local Net Rate                                47.36000              47.36000

Notice is hereby given that the following dates are of importance in regard to the distribution for the quarter ended 31
December 2023 by the ETF to holders of SATRIXNAM securities:

Last day to trade "cum" distribution:             Tuesday, 16 January 2024

Securities trade "ex" distribution:               Wednesday, 17 January 2024

Record date:                                      Friday, 19 January 2024

Payment date:                                     Monday, 22 January 2024

The distribution will be paid on Monday, 22 January 2024 to all securities holders recorded in the register on Friday, 19
January 2024.
In accordance with the investment policy of SATRIXNAM the distribution (excluding the dividends tax as detailed above)
will be re-invested on behalf of investors through the purchase of securities comprising the S&P Namibia Sovereign Bond
1+ Year Top 10 Index in accordance with the calculation methodology of the total return version of this Index, thereby
increasing the net asset value of SATRIXNAM and, proportionately, each SATRIXNAM 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 authorized
  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 listed debt instruments and/or bank debt.

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.

09 January 2024

JSE SPONSOR                                         NSX SPONSOR
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Date: 09-01-2024 04:20:00
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