Various parties

Asset manager
The underlying Zshares portfolios are managed by Investec Fund Managers SA Ltd (“IFM”).  Their primary focus is to ensure that the underlying portfolios track the relevant indices.  They are also responsible for the creation and redemption of Zshares participatory interests.

Calculation agent
The Investec RandHedge and RandPlay Indices are calculated by FTSE/JSE International Limited (“FTSE”) on behalf of Investec and on the instructions of Investec. Neither FTSE nor the JSE sponsors, endorses or promotes these indices.

Certain copyright in the index values and constituent list vests in FTSE and the JSE jointly. Investec has obtained a full licence from the JSE to use such copyright in the creation of these indices.

FTSETM”, “FT-SE®” and “Footsie®” are trademarks of the London Stock Exchange Plc and The Financial Times Limited and are used by FTSE and the JSE under licence.  “JSE” is a trademark of the JSE and is used by FTSE under licence.

Custodian and Trustee
FirstRand Bank Limited acts as custodian of the underlying assets in the portfolios and corporate trustee

Fund administrator
State Street South Africa (Proprietary) Limited (“State Street”) acts as fund administrator for the underlying portfolios. State Street is also responsible for valuing the portfolios and calculating the NAV per participatory interest on a daily basis.

Index provider
The RandPlay and RandHedge Index methodology was created by Investec. Investec maintains the models implementing this methodology which are used to determine the index constituents and the associated weightings.

Market maker
The market maker for the Zshares RandHedge and RandPlay is Investec Securities Limited (“ISL”).The market maker is responsible for ensuring that the listed participatory interests are liquid and facilitate trade at a level which is close to the NAV.

Settlement agent
As the participatory interests are listed on the JSE, they will be cleared and settled electronically via the Strate system. Strate administers this system and will also be responsible for maintaining the unitholder register for all investors in Zshares.

Shareholder register
Strate will be responsible for maintaining the unitholder register for all investors in Zshares.