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SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement Quarter End 31 March 2024 - STXNAM

Release Date: 16/04/2024 15:30
Code(s): STXNAM     PDF:  
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Distribution Finalisation Announcement Quarter End 31 March 2024 - 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, 26 April 2024 in respect of the quarter ended 31 March 2024.

An aggregate amount of 50.89000 cents (R0.50890) 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)        50.89000              50.89000
  ***Applicable to non-exempt South African shareholders
Gross Local Rate (cents per unit)             50.89000
SA Withholding Tax %
SA Withholding Tax amount per unit
Local Net Rate                                50.89000              50.89000

Notice is hereby given that the following dates are of importance in regard to the distribution for the quarter ended 31 March
2024 by the ETF to holders of SATRIXNAM securities:

Last day to trade "cum" distribution:             Tuesday, 23 April 2024

Securities trade "ex" distribution:               Wednesday, 24 April 2024

Record date:                                      Friday, 26 April 2024

Payment date:                                     Monday, 29 April 2024

The distribution will be paid on Monday, 29 April 2024 to all securities holders recorded in the register on Friday, 26 April
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.

16 April 2024

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Date: 16-04-2024 03:30:00
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