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Dividend Withholding Tax: How does it affect me?

Dividend Withholding Tax (DWT) is tax that shareholders are liable for when a company pays out dividends. A dividend is any payment by a company to a shareholder in respect of the shares held in that company.

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The Allan Gray-Orbis Global Equity Feeder Fund remains fully invested in global equities. The objective of the Fund is to outperform the FTSE World Index at no greater-than average risk of loss in its sector.