The fund’s NAV drops by the distribution amount and a distribution icon appears beside the fund name in your Holdings. 

What happens next to your holdings depends on your income distribution payout option:

Reinvest

• The income distribution buys more units of the fund.

• Your fund’s P/L may dip temporarily until the units are credited, then it normalises.

• Once the additional units are credited, the impact of the distribution will be reflected in your holdings accordingly.

Pay into Cash Account

• The income distribution is credited to your Cash Account instead.

• Your unit count stays the same, and your P/L may stay lower.

• This is because part of the fund’s value has been paid out to you as cash.

You will receive an email statement once it is done.