Satrix Collective Investment Scheme Reports No Distribution for July 2024
07 Aug 2024 (Johannesburg Stock Exchange) The Satrix Collective Investment Scheme, managed by Satrix Managers (RF) (Pty) Limited in conjunction with Standard Chartered Bank, announced a finalisation of no distribution for holders of Satrix Traci securities for the month ended July 31, 2024. Investors recorded in the register as of Friday, August 16, 2024, will not receive any distribution for the specified period.
This announcement comes as a part of the investment scheme's regular financial updates to its stakeholders. The Satrix Collective Investment Scheme, a prominent entity within the financial sector, engages in the management of collective investment schemes, providing investors with various securities options.
According to information available from the Johannesburg Stock Exchange (JSE), the decision to forgo distribution aligns with the scheme's current financial strategy and market conditions. The declaration affects all investors holding Satrix Traci securities, a component of the scheme's offerings.
Investors are encouraged to review the financial implications of this announcement and consider the broader market context. The investment scheme's decision reflects its ongoing assessment of market dynamics and investment performance. Further communications from the scheme will provide updates on future distributions and financial results.
Provided by SyndiGate Media Inc. (Syndigate.info).
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