Distributions are made to holders of Satrix securities depending on the portfolio in which the investor hold securities. Please visit our product page for distribution details on specific funds.
Distributions are calculated as portfolio income received less portfolio expenses. Portfolio income includes dividends received from underlying constituents of the portfolio, interest income and scrip lending income (if applicable). The portfolio costs include fees incurred to run the portfolio such as management fee paid to Satrix Managers, custodian fees, auditor fees, bank charges, brokerage and taxes.