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GOVI

Zshares GOVI aims to track the Bond Exchange of South Africa (BESA) GOVI Index.

Zshares GOVI can be regarded as a core bond JSE-listed ETF which invests in government bonds.

The GOVI Index is a Total Return index. All coupons paid from underlying bonds are theoretically reinvested, by acquiring additional bonds in the same proportion as the index composition.

JSE Code	ZGOVI
Index	BESA GOVI Index
Legal form	Collective Investment Scheme
Listing date	21 October 2008
Currency	ZAR
Minimum investment	1 participatory interest
Annual Management Fee	0.20% to 0.25% (excl VAT) with a sliding scale applicable
Distribution Frequency	March and September
Previous Distribution	42.37 cents per Participatory Interest
Index rebalancing frequency	Monthly (Weightings)
Index rebalancing frequency	Quarterly (Constituents)
Total expense ratio (TER)	0.32%
Bloomberg ticker	ZGOVI
Reuters Instrument Code	ZGOVIJ.J
To Invest	Contact your stockbroker

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Article from Investec: http://www.investec.com/en_za/home/general_reference/capital_markets/z_shares/govi.html

Published: 14 January 2010

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