Preliminary results for CoreShares PREFTRAX for the year ended 31 December 2019:
Preliminary results for CoreShares PREFTRAX for the year ended 31 December 2019
CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME
INSTRUMENT: CORESHARES PREFERENCE SHARE EXCHANGE TRADED FUND
ABBREVIATED NAME: PREFTRAX
SHARE CODE: PREFTX
ISIN CODE: ZAE000185658
PRELIMINARY RESULTS FOR
CORESHARES PREFERENCE SHARE EXCHANGE TRADED FUND
(CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME)
FOR THE YEAR ENDED 31 DECEMBER 2019
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2019
2019 2018
R R
ASSETS
Listed investments held at fair value through profit or loss 355,023,763 249,765,075
Accrued income and other receivables 16,969 9,521
Cash and cash equivalents 4,173,327 3,208,794
TOTAL ASSETS 359,214,059 252,983,390
LIABILITIES
Net assets attributable to investors 358,955,741 252,821,533
Accrued expenses and other payables 258,318 161,857
TOTAL LIABILITIES 359,214,059 252,983,390
STATEMENT OF OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2019
2019 2018
R R
Dividend income 30,504,726 27,401,230
Interest income 253,110 256,350
Income adjustments on creation and liquidation of units 965,092 -
Total income 31,722,928 27,657,580
Management and administration expenses (2,036,899) (1,490,277)
Income before distributions 29,686,029 26,167,303
Distributions (28,895,836) (28,602,544)
Income/(loss) after distributions 790,193 (2,435,241)
Net fair value gains on financial instruments at fair value through
21,073,263 12,502,314
profit or loss
Change in net assets attributable to investors 21,863,456 10,067,073
This abridged report is extracted from audited information but is not itself audited. The audited financial
statements are available at www.coreshares.co.za.
PRELIMINARY RESULTS FOR
CORESHARES PREFERENCE SHARE EXCHANGE TRADED FUND
(CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME)
FOR THE YEAR ENDED 31 DECEMBER 2019
Income distributions per unit (cents)
Cents
per
Payment date unit
21 January 2019 9
15 April 2019 16
15 July 2019 23
14 October 2019 32
Last Published Price as at 31 December 2019
Last published
price (cents)
PREFTRAX 928
Investment Performance (%) as at 31 December 2019
Since inception
1 year
(annualised)
PREFTRAX 17.41% 7.40%
6 April 2020
Sponsor:
Grindrod Bank Limited
Date: 06-04-2020 09:00:00
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