SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement Quarter End 31 December 2024 - STXWIS

Distribution Finalisation Announcement Quarter End 31 December 2024 - STXWIS

  SATRIX COLLECTIVE INVESTMENT SCHEME
  SATRIX MSCI WORLD ISLAMIC FEEDER ETF
  JSE code: STXWIS
  ISIN code: ZAE000339180
  ("Satrix World Islamic" or the "ETF")

  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.

  DISTRIBUTION FINALISATION ANNOUNCEMENT QUARTER END 31 DECEMBER 2024

  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 Satrix World Islamic securities ('investors') recorded in
  the register on Friday, 17 January 2025 in respect of the quarter ended 31 December 2024.

  An aggregate amount of 34.48000 cents (R0.34480) per Satrix World Islamic security is declared as follows:

  Alpha Code: STXWIS                        Dividend       Total

                                         Foreign Not
  Distribution Source type               SA listed
  Net Distribution Reinvested            No
  Source of Funds (Country Code)         IE
  Subject to Foreign Withholding tax     No
  Gross Foreign Rate (cents per unit)    34.48000
  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) 34.48000     34.48000
**Applicable to non-exempt South African shareholders
  Gross Local Rate (cents per unit)      34.48000
  SA Withholding Tax %
  SA Withholding Tax amount per unit
  Local Net Rate                         34.48000     34.48000


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


  Last day to trade "cum" distribution:   Tuesday, 14 January 2025

  Securities trade "ex" distribution:     Wednesday, 15 January 2025

  Record date:                            Friday, 17 January 2025

  Payment date:                           Monday, 20 January 2025


  The distribution will be paid on Monday, 20 January 2025 to all securities holders recorded in the register on Friday, 17
  January 2025.

  In line with Shariah principles, any income derived from interest or prohibited activities have been deducted from the
  distribution and donated to a charity as approved by the ETF's Shariah Advisory Committee.
**No dividend withholding tax will be deducted from dividends payable to a South African tax resident qualifying for exemption
from dividend withholding tax provided that the investor has provided the following forms to their Central Securities
Depository Participant ("CSDP") or broker, as the case may be in respect of its participatory interest:
a)  a declaration that the distribution is exempt from dividends tax; and
b)  a written undertaking to inform their CSDP or broker, as the case may be, should the circumstances affecting the
exemption change or the beneficial owner cease to be the beneficial owner,
both in the form prescribed by the South African Revenue Service. South African tax resident investors are advised to contact
their CSDP or broker, as the case may be, to arrange for the abovementioned documents to be submitted prior to payment of
the distribution, if such documents have not already been submitted.


Non-resident investors for South African income tax purposes

The dividend distribution received by non-resident investors will be exempt from income tax in terms of section 10(1)(k)(i) of
the Act, but will be subject to dividend withholding tax. Dividend withholding tax is levied at a rate of 20%, unless the rate is
reduced in terms of any applicable agreement for the avoidance of double taxation ("DTA") between South Africa and the
country of residence of the non-resident investor.

A reduced dividend withholding rate in terms of the applicable DTA may only be relied on if the non-resident investor has
provided the following forms to their CSDP or broker, as the case may be in respect of its participatory interest:
a) a   declaration that the dividend is subject to a reduced rate as a result of the application of a DTA; and
b) a written undertaking to inform the CSDP or broker, as the case may be, should the circumstances affecting the reduced
rate change or the beneficial owner cease to be the beneficial owner,
both in the form prescribed by the South African Revenue Service. Non-resident investors are advised to contact their CSDP or
broker, as the case may be, to arrange for the abovementioned documents to be submitted prior to the payment of the
distribution if such documents have not already been submitted.

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.



Sandton

09 January 2025

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Date: 09-01-2025 09:00:00
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