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 Public Mutual Funds, version 0.0

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munky
post Sep 6 2016, 02:54 PM

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guys, how long does it take for public mutual to transfer the repurchase money to our bank account? im using non public bank account by the way

just made a repurchase request yesterday, and still havent got the money
munky
post Nov 17 2016, 12:27 PM

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guys, i have some units of public mutual funds in 3 different funds

apparently it's been more than 1 year since the last distribution/dividends

how is that so? 0 dividend for the previous 12 months? is this normal? Or is there something wrong with their system?

my agent also dont know why, and he needs to ask his upline
munky
post Nov 17 2016, 02:12 PM

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QUOTE(rapple @ Nov 17 2016, 12:42 PM)
not all fund distribute dividends. some is INCIDENTAL some is YEARLY.
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QUOTE(screwedpeep @ Nov 17 2016, 12:46 PM)
First, you have to know if your funds give out distribution incidentally or yearly.

Second, if you're curious enough to know why you aren't getting incidental distribution this year, read up their annual financial report. Request the reports from your agent. From there on, analyse how's your funds doing for the past year. Or simply check their nav trending. Good agents should be responsible enough to get you through all these when required by clients.
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ok thats something new to me

i thought all funds give dividends annually

thanks for the explanation
munky
post Mar 7 2017, 09:40 AM

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Hi bros,

Currently i have 1 fund that is not giving yearly dividend/distribution (not sure when do they give out dividends/distributions). Last they give out was 2 years ago iirc

If I sell the fund today, and lets say this year or in the future they give dividend/distribution, will i get like prorated amount since ive been keeping the fund for a few years? Im thinking like asb kind of prorated dividend

 

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