Ashburton Management Company RF Proprietary Limited
Ashburton Global 1200 Equity ETF
A portfolio in the Ashburton Collective Investment Scheme (‘the portfolio’) registered in terms of the
Collective Investment Schemes Control Act, 45 of 2002
Share Code: ASHGEQ
DISTRIBUTION FINALISATION ANNOUNCEMENT
The manager and trustees (namely Ashburton Management Company RF Proprietary Limited and
Standard Chartered Bank) have resolved to make a quarterly distribution to holders of Ashburton Global
1200 Equity ETF securities for the quarter ended 31 January 2020.
The aggregate distribution will amount to 20.26443 cents per Ashburton Global 1200 Equity ETF security
and is constituted as follows:
Gross Subject to SA Net
Foreign Available for
Alpha Foreign/ Distribution Withholding Withholding Distribution
Dividend/Interest Withholding Distribution
code Local (Cents per tax Tax (%) (Cents per
Tax (%) (Cents per
unit) Yes/ No unit)
ASHGEQ Dividend Foreign* 23.28240 Yes 15.13544 19.75851 0.00000 19.75851
Interest Foreign 0.01669 No 0.00000 0.01669 0.00000 0.01669
Interest Local 0.05139 No 0.00000 0.05139 0.00000 0.05139
Other Income Local 0.43784 No 0.00000 0.43784 0.00000 0.43784
23.78831 20.26443 20.26443
*Source of funds: various companies from around the world that are constituents of the S 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, to arrange for the
abovementioned documents to be submitted prior to payment of the distribution, if such
documents have not already been submitted.
The dividend distribution as outlined above is subject to the amendment to Dividends Tax that was
introduced with effect from 22 February 2017. The dividend, as defined in the Income Tax Act of 1962, is
payable from dividends accumulated in the fund. The South African Dividend Tax rate of 20% has been
applied to both local and foreign dividends.
There are 12,069,000 Ashburton Global 1200 Equity ETF securities in issue. The total dividend amount
payable is R 2,445,713.12.
Ashburton Global 1200 Equity ETF Income Tax number is 3356/058/17/6.
A copy of the ETF issue document can be found at
13 February 2020
Date: 13-02-2020 04:20:00
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