CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - Preliminary results for CoreShares DIVTRAX for the year ended 31 December 2019

Preliminary results for CoreShares DIVTRAX for the year ended 31 December 2019

CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME
INSTRUMENT: CORESHARES DIVTRAX
ABBREVIATED NAME: DIVTRAX
SHARE CODE: DIVTRX
ISIN CODE: ZAE000190104



PRELIMINARY RESULTS FOR
CORESHARES S&P SOUTH AFRICA DIVIDEND ARISTOCRATS 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                    316,112,429            284,854,330
Accrued income and other receivables                                                405,105                154,319
Cash and cash equivalents                                                         1,503,187              2,272,732

TOTAL ASSETS                                                                    318,020,721            287,281,381


LIABILITIES

Net assets attributable to investors                                            317,805,766            287,136,047
Accrued expenses and other payables                                                 214,955                145,334

TOTAL LIABILITIES                                                               318,020,721            287,281,381


STATEMENT OF OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2019


                                                                                        2019                  2018
                                                                                           R                     R

Dividend income                                                                   12,837,731             9,757,949
Interest income                                                                      117,882               125,978
Income adjustments on creation and liquidation of units                              293,578                     -
Total income                                                                      13,249,191             9,883,927
Management and administration expenses                                            (1,615,635)           (1,495,982)
Income before distributions                                                       11,633,556             8,387,945
Distributions                                                                    (12,022,112)           (8,921,297)
Loss after distributions                                                            (388,556)             (533,352)

Net fair value losses on financial instruments at fair value through
                                                                                  (2,836,497)          (45,588,673)
profit or loss
Change in net assets attributable to investors                                    (3,225,053)          (46,122,025)




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 S&P SOUTH AFRICA DIVIDEND ARISTOCRATS 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                                                             17
15 April 2019                                                               24
15 July 2019                                                                31
14 October 2019                                                             31



Last Published Price as at 31 December 2019
                                                                   Last published
                                                                    price (cents)

DIVTRX                                                                  2572



Investment Performance (%) as at 31 December 2019
                                                                  Since inception
                                                        1 year
                                                                   (annualised)
DIVTRX                                                  2.70%           6.20%


6 April 2020


Sponsor:
Grindrod Bank Limited

Date: 06-04-2020 08:30:00
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