FNB CIS MANCO (RF) (PROPRIETARY) LIMITED - FNBT40 - Distribution Announcement
What this filing means
FNB Top 40 ETF will pay a quarterly distribution of 129.42435 cents per security for the quarter ended 30 September 2026, split across local dividends (111.98038 cents), foreign dividends and local interest and other income. The total payable is R 63,515,996.33 across 49 075 770 securities in issue. This is the fund's scheduled quarterly payout, not a change in the fund's investment case.
The fund is handing back income it collected from the shares it holds — mostly South African dividends, plus some foreign dividends and a little interest. If you hold the ETF on the record date you receive the cash, less withholding tax where it applies. It is a scheduled payout, not a verdict on how the fund is doing.
Bear case
- The filing gives no comparison with the prior quarter's distribution, so whether this payout rose or fell cannot be established from it.
AI-generated summary by SENS-AI, based on the original JSE SENS filing.
SENS-AI conclusion
A scheduled quarterly distribution notice: the amount, the tax composition and the timetable are the content, and none of it changes the fund's investment case. The useful detail is the split — 111.98038 cents of the 129.42435 is local dividend income, with foreign dividends carrying source-country withholding and reclaim mechanics. So what: nothing here re-prices the fund; holders need only the cum/ex dates and their own tax position.
The next quarterly distribution announcement is where the payout level and its income mix can be compared with this one.
Evidence from the filing
The headline payout amount and its composition.
“The aggregate distribution will amount to 129.42435 cents per FNB Top 40 ETF security and is constituted”
Total cash payable and the number of securities in issue.
“There are 49 075 770 FNB Top 40 securities in issue. The total dividend amount payable is R 63,515,996.33”
The distribution is a pass-through of dividends accumulated in the fund.
“The dividend, as defined in the Act, is payable from dividends accumulated in the fund.”
Key dates for holders.
“Record date: Friday, 30 October 2026”
Related filings
Other Dividend Declaration
- FNB CIS MANCO (RF) (PROPRIETARY) LIMITED - FNBINF - Distribution Announcement
- FNB CIS MANCO (RF) (PROPRIETARY) LIMITED - FNBMID - Distribution Announcement
- 10X FUND MANAGERS (RF) PROPRIETARY LIMITED - WNXT40 - Distribution Finalisation Announcement for the Period Ended 30 September 2026
- 10X FUND MANAGERS (RF) PROPRIETARY LIMITED - INCOME - Distribution Finalisation Announcement for the Period Ended 30 September 2026
- 10X FUND MANAGERS (RF) PROPRIETARY LIMITED - CSPROP - Distribution Finalisation Announcement for the Period Ended 30 September 2026