Tax is imputed

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

No effect at all

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

Usually 60% equities and 40% fixed income is a good start. Another method is to take your age and that should be the percentage of fixed income. So if you are 45 y/o, then it should be 45% in fixed income.

Xuzen

Not necessary- some PM Mutual fund are fix-income distribution:
Find Public Serice master prospetus, find the "Distribution Policy: Annual Income"

etc PFEPRF