This is the date on which the investors will be entitled to a recently announced income distribution if he or she still holds the fund.

You can now choose how each fund handles its income distribution, on eligible funds:

• Reinvest (the default): the income distribution buys more units of the fund.

• Pay into Cash Account: the income distribution is credited to your Cash Account as cash.

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 drop temporarily until the units are credited, then it normalizes.

• 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.

Yes, if the fund offers both cash payout and reinvestment, you can choose. If it offers only one, the income distribution follows that method. 

No. The cash payout option is for cash investments only. Income distribution from EPF i-Invest and PRS holdings continues to be reinvested.

Open the Fund Selector and select the Cash Payout filter to Yes. 

As new funds may be added from time to time, the Fund Selector always provides the most up-to-date list of funds that offer cash payouts.

The fund house generally needs about 2 to 3 weeks from the ex-date to allocate the income distribution to us. We then credit it by your chosen income distribution payout option, and email you once it is credited.

 

Simply go to Holdings and select the fund. Your selected Income Distribution Option (Reinvest or Pay into Cash Account) will be displayed in the fund details.

Yes, you may go to Holdings, click on the fund, then use the edit icon next to Income Distribution Option. This is available only for funds that offer both options.

Changes are not allowed from 3:00 PM on the business day before the ex-date until the ex-date has passed. After the ex-date, you may update your preference at any time.

Note: Any changes made after the ex-date will only apply to future income distributions and will not affect the upcoming payout for the current distribution cycle.

Your request will take up to T+4 business days to be processed. Once you have submitted the request, you will not be able to make another change while the request is under review.

No. A fund can use only one income distribution payout option at a time, so the same fund cannot be set to both Reinvest and Pay into Cash Account. 

Any additional investment into a fund you already hold takes that holding's current option.

The reinvestment process will not cause an increase in the cost of investment as income distribution is not an injection of new monies by investors. As a result, the weighted average cost will decrease after we allocate the additional units to you.

The total income distribution per unit the fund has paid over the past 12 months, as a percentage of the fund’s latest price (NAV). It is based on past distributions, not a forecast or guarantee, and is not the same as your total return.

No. Income distributions are not guaranteed. The amount depends on the fund and can change from one distribution to the next, and some periods may have none.

You can view the historical records of income distribution at the respective fund factsheets under Overview >> Key Statistics.
 

Your income distribution payout history is available via Transaction Records >> History

The income distribution amount and reinvestment price are determined by fund managers.

Formula:

Units reinvested = Income Distribution Amount / Price Reinvested