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Interest Distribution and Re-Investment Announcement For The Month Ended 31 October 2019 - NFILBI14 Nov 2019
Interest Distribution and Re-Investment Announcement For The Month Ended 31 October 2019 - NFILBI: 
NEWFUNDS ILBI EXCHANGE TRADED FUND PORTFOLIO
Share code: NFILBI
ISIN: ZAE000162244

Portfolios in the NewFunds Collective Investment Scheme in Securities registered as such in terms of the
Collective Investment Schemes Control Act, 45 of 2002 and managed by NewFunds (RF) Proprietary
Limited (Registration Number 2005/034899/07) ("NewFunds")

INTEREST DISTRIBUTION AND RE-INVESTMENT ANNOUNCEMENT FOR THE MONTH ENDED
31 OCTOBER 2019

NewFunds has today finalised a distribution to holders of NewFunds ILBI ETF securities recorded as
such in the register on Friday, 22 November 2019, for the month ended 31 October 2019 as follows:

                                                       NFILBI
Cents per ETF security, comprising of Interest            18.3050


Investors are advised that the distribution amount will not comprise of any dividends, therefore no
dividend tax will be applicable to the distribution amount.

Holders of the ETF securities should note the following dates in relation to the distribution:
Declaration and finalisation                            Thursday, 14 November 2019

Last day to trade                                       Tuesday, 19 November 2019

Securities trading  ex' distribution                    Wednesday, 20 November 2019

Record date                                             Friday, 22 November 2019

Payment date                                            Monday, 25 November 2019


In accordance with the investment policy of the ETFs, the distribution will be re-invested on behalf of
investors via the purchase by the ETF of additional Constituent Securities, or Index Constituents, (as
defined in the relevant Portfolio Supplement) in the appropriate weightings, thereby increasing the net
asset value of the ETF and, proportionately increasing the value of each ETF security.

The distribution should:
- be added to the base cost of each ETF security for capital gains tax purposes; or
- where the ETF securities are held as trading stock be regarded as part of the cost of acquiring an ETF
security.

Reinvestments into the portfolio still constitute a notional distribution even though it will not be paid in
cash. Consequently, it forms part of investors' gross income as it is subject to tax.

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 authorised 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 Government debt, listed debt instruments
and/or bank debt.

Additional information:
                                  Number of securities in issue      Tax reference number
NFILBI                            900,000                            9398125170

14 November 2019

Sponsor
Vunani Corporate Finance

Date: 14/11/2019 08:00:00
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