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

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

CORESHARES INDEX TRACKER COLLECTIVE INVESTMENT SCHEME
INSTRUMENT: CORESHARES SCIENTIFIC BETA MULTI FACTOR INDEX EXCHANGE TRADED FUND
ABBREVIATED NAME: SMART
SHARE CODE: SMART
ISIN CODE: ZAE000269502



PRELIMINARY RESULTS FOR
CORESHARES SCIENTIFIC BETA MULTI FACTOR INDEX 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                    125,731,966            110,083,053
Accrued income and other receivables                                                 71,676                 58,302
Cash and cash equivalents                                                         2,106,010              1,997,494

TOTAL ASSETS                                                                    127,909,652            112,138,849


LIABILITIES

Net assets attributable to investors                                            126,783,347            111,067,048
Accrued expenses and other payables                                               1,126,305              1,071,801

TOTAL LIABILITIES                                                               127,909,652            112,138,849


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


                                                                                        2019                  2018
                                                                                           R                     R

Dividend income                                                                    5,011,394             5,375,284
Interest income                                                                      101,625                62,515
Income adjustments on creation and liquidation of units                              117,638                     -
Total income                                                                       5,230,657             5,437,799
Management and administration expenses                                              (653,288)             (583,620)
Income before distributions                                                        4,577,369             4,854,179
Distributions                                                                     (4,528,571)           (5,379,161)
Profit/(loss) after distributions                                                     48,798              (524,982)

Net fair value losses on financial instruments at fair value through
                                                                                     (24,814)          (23,265,340)
profit or loss
Change in net assets attributable to investors                                        23,984           (23,790,322)



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 SCIENTIFIC BETA MULTI FACTOR INDEX 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                                                                  36
15 April 2019                                                                    39
15 July 2019                                                                     50
14 October 2019                                                                  44



Last Published Price as at 31 December 2019
                                                                     Last published
                                                                      price (cents)
SMART                                                                    4519



6 April 2020


Sponsor:
Grindrod Bank Limited

Date: 06-04-2020 09:01:00
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