SYGNIA ITRIX (RF) PROPRIETARY LIMITED - Distribution Announcement Period Ended 31 December 2017 Update - SYGJP

2018-01-12 16:00:00

SYGJP 201801120038A
Distribution Announcement – Period Ended 31 December 2017 – Update - SYGJP

The Sygnia Itrix Collective Investment Scheme
Sygnia Itrix MSCI Japan ETF
JSE code: SYGJP
ISIN: ZAE000249538
(“SYGJP or the “ETF”)

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

DISTRIBUTION ANNOUNCEMENT – PERIOD ENDED 31 DECEMBER 2017 - UPDATE

Further to the announcement released on SENS on Thursday, 4 January 2018,
holders of SYGJP securities are advised that the net distribution payable
on Wednesday 17 January 2018 will be a minimum amount of ZAR 0.04663 per
SYGJP security. This is based on the ZAR/JPY exchange rate prevailing on
Thursday, 11 January 2018 of 0.11122.

The net ZAR distribution    amount   of   ZAR   0.04663   per    SYGJP       security    is
calculated as follows:

         Gross foreign dividends of ZAR 0.13197 (one three point one nine
-        seven cents);
         Less:   Foreign Withholding tax of ZAR 0.02021 (two point zero
-        two one cents);
         Less: Equalisation of ZAR 0.00957 (zero point nine five seven
-        cents);
         Less: Interest of ZAR 0.00001 (zero point zero zero one cents);
-
         Less: Management fee of ZAR 0.05555 (five point five five five
-        cents);

All income derived is      foreign   in   nature   and    does    not        include    any
manufactured dividends.

This amount will be adjusted upwards for larger investors who are liable
for less than the 0.75% management fee.

Investors are advised that the full fee            details       may    be     viewed    on
www.sygnia.co.za/etfs/etf-and-etn-fund-range.

The aggregate amount payable to each investor will be rounded down to the
nearest cent. The balance (if any) will be retained and paid out in the
following distribution period.

All amounts have been rounded to the fifth decimal point.

12 January 2018

Manager
Sygnia Itrix Collective Investment Scheme

Trustee
The Standard Bank of South Africa Limited

Sponsor
Vunani Corporate Finance

Date: 12/01/2018 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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