Distribution Announcement - Six Months Ended 30 June 2014 -DBXWD
db x-trackers MSCI World Index ETF
JSE code: DBXWD
ISIN: ZAE000115184
(“dbx World”)
A portfolio in the db x-trackers Collective Investment Scheme in Securities, registered as such in
terms of the Collective Investment Schemes Control Act, 45 of 2002.
DISTRIBUTION ANNOUNCEMENT – SIX MONTHS ENDED 30 JUNE 2014
The manager and trustee have resolved to make a distribution to holders of dbx World securities
recorded in the register on Friday, 27 June 2014 in respect of the six months ended 30 June 2014.
Details of the distribution are set out below:
- The distribution payable to holders will be an amount in ZAR equivalent to USD 0.01647
(one point six four seven cents) per dbx World security (the “USD distribution amount”).
- The USD distribution amount will be converted to ZAR at the exchange rate prevailing
on or about Wednesday, 23 July 2014, details of which will be released on SENS on or
about Thursday, 24 July 2014.
- The distribution will be paid to holders on or about Monday, 28 July 2014.
The USD distribution amount (which represents a pro rata portion of the distributable income of the
portfolio) has been calculated after deduction of any foreign withholding tax payable by db x-
trackers on dividends. Foreign withholding tax as a percentage of gross foreign dividends is equal to
15.24%. The USD distribution amount of USD 0.01647 per dbx World security is calculated as
follows:
- Gross foreign dividends of USD 0.02362 (two point three six two cents);
- Less: Foreign Withholding tax of USD 0.00360 (zero point three six cents);
- Plus: Interest and equalisation of USD 0.00158 (zero point one five eight cents);
- Less: Management fee of USD 0.00513 (zero point five one three cents).
The information set out above is published for information purposes only.
Holders should contact their tax advisers with regard to the applicable tax treatment of the USD
distribution amount and the withholding tax.
17 July 2014