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CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - Preliminary results for CoreShares CoreSP500 for the period ended 31 December 2019

Release Date: 06/04/2020 08:40
Code(s): CSP500     PDF:  
Wrap Text
Preliminary results for CoreShares CoreSP500 for the period ended 31 December 2019

CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME
INSTRUMENT: CORESHARES S&P 500 EXCHANGE TRADED FUND
ABBREVIATED NAME: CoreSP500
SHARE CODE: CSP500
ISIN CODE: ZAE000268694



PRELIMINARY RESULTS FOR
CORESHARES S&P 500 EXCHANGE TRADED FUND
(CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME)
FOR THE PERIOD ENDED 31 DECEMBER 2019

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2019


                                                                                                              2019
                                                                                                                 R
ASSETS

Listed investments held at fair value through profit or loss                                          896,704,212
Accrued income and other receivables                                                                        4,959
Cash and cash equivalents                                                                               3,904,575

TOTAL ASSETS                                                                                          900,613,746


LIABILITIES

Net assets attributable to investors                                                                  900,279,637
Accrued expenses and other payables                                                                       334,109

TOTAL LIABILITIES                                                                                     900,613,746


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


                                                                                                       10 months*
                                                                                                            2019
                                                                                                               R

Dividend income                                                                                         13,138,914
Interest income                                                                                            102,504
Income adjustments on creation and liquidation of units                                                  3,589,048
Total income                                                                                            16,830,466
Management and administration expenses                                                                  (2,215,459)
Income before distributions                                                                             14,615,007
Distributions                                                                                          (11,364,556)
Profit after distributions                                                                               3,250,451

Net fair value gains on financial instruments at fair value through
                                                                                                      100,817,105
profit or loss
Change in net assets attributable to investors                                                        104,067,556

* The Fund commenced in March 2019 and therefore the current year is 10 months.

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 500 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
15 April 2019                                                                   32
14 October 2019                                                                 29



Last Published Price as at 31 December 2019
                                                                   Last published
                                                                    price (cents)
CoreSP500                                                               4507



Investment Performance (%) as at 31 December 2019
                                                                   Since inception
                                                          1 year
                                                                    (annualised)
CoreSP500                                                 27.15%       17.10%


6 April 2020


Sponsor:
Grindrod Bank Limited

Date: 06-04-2020 08:40:00
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