luckily it is not with his grandmaster

Tax is imputed

From company to fund (shareholder of the company) to unitholder (of the fund)

No effect at all

imputed?

Give u an example, the figures are not realistic, just to illustrate the principle of imputation

ABC Berhad profit before tax RM100
Pays tax RM20 (20%)
Pays out RM80 as NET dividend to shareholder, Mr Bintang Malam

Mr Bintang Malam receives RM80 dividend, the RM20 tax is IMPUTED to him
Declares GROSS dividend of RM100 in his income tax submission
Mr BM's tax rate is 10%, tax on dividend is RM100 x 10% = RM10
He will receive refund of RM10 from government

But nowadays more and more divvies are single-tier tax exempt already

Next year no more imputation (Section 108)

So, divvy or not does not matter anymore

This post has been edited by Pink Spider: Aug 30 2013, 11:42 AM

Simpler some more... you buy divvy counter just look at Div Yield terus terus dapat answer... no need to bring out calculator calculate imputation liao.

Xuzen

Oic

Xuzen

I'm just trying to dispel the myth of "better to pick a fund with no distribution, cos I will suffer tax if got distribution"

Pinky

oooh like that ha, thanks sifu level up today.

Oh,..that Uncle who said.....whenever you are down and worry about your funds are not performing....just said this to yourself...."At least mine is "BETTER" than Uncle's Looi...
just to confirm again...build portfolio and bought in Early May...Mid May Crashed....switched 18% portfolio to Asia in early Aug......end Aug..crashed.
just damp 2x lucky star not with me..
Heart must be steady, think long terms, diversify, buy on value,..eat High blood pressure and cholesterol pills...

It's a GOAL!!!


Attached thumbnail(s)

That is his grandmaster loh

Attached thumbnail(s)

Salah!

=



Both Unker gark and Yoda also green

This post has been edited by Pink Spider: Aug 30 2013, 04:45 PM

Public Mutual declares gross distribution for 9 funds

Public Mutual has declared distributions ranging from 1.0 sen up to 6.0 sen for nine of its funds for the financial year ending Aug 31, 2013.

The highest distribution was 6.0 sen per unit for the Public SmallCap Fund while for the PB Bond Fund, Public Sukuk Fund, PB Sukuk Fund it was 3.5 sen each.

For the Public Islamic Treasures Growth Fund, the distribution was 2.0 sen while for the Public Indonesia Select Fund, PB Islamic Equity Fund and PB Indonesia Balanced Fund, it was 1.5 sen each.

As for the PB Asia Emerging Growth Fund, the dividend was 1.0 sen per unit.

Public Mutual, which is Malaysia's largest private unit trust company, manages more than 90 unit trust funds.
As at end July 2013, the total net asset value of the funds managed by the company was RM59.13bil.

sifus, which is the best fund to buy? any recommendations? How would i know which fund does distribute dividents?

just curious, would you mind to share? why do you want to know which fund does distribute dividends?

so far most of PM fund does have distribution... Even for funds launch 2-3 months old... from my previous observation...

This post has been edited by kabal82: Aug 31 2013, 06:07 PM

still new to pb mutual fund. bought 2, and one of it got distrbute deviden

most of the public fund hv distribution on yearly basic, after financial year end.