howszat,

distribution doesn't affect the value of the fund, yes..it is correct. But it is wrong to say that distribution is completely pointless and annoying

ok. let discuss this. Why div is not pointless. It doesn't increse the total value of the fund, agreed.

BUT, if you opt to reinvest your given div, you are investing with zero cost, ie. no service charge, unlike you investing your fresh money. Hence, you get more units with cheaper cost. Then when you are given div next year again, you are being paid based on the total number of units that you have. Reinvest your div will allow you to enjoy compounding effect - ie. div next year is being paid not only on the initial invested units but also the distributed div portion, and so on and so forth

Regarding the percentage profit, basically it doesn't affect your calculation if you opt to reinvest your money again. Only you have more units, that's it.

Afterall, it really is not hard to work on the profit percentage even after the distribution. Just check with your agent. Agents should have the system to tell you your fund performance anytime.

Theoritically is the same if the fund manager reinvest the amount. But we are seeing many different type of investors. Some older folk will let to have their yearly dividend as pocket money. Those who dont' need it, then just re-invest

So, it really is not pointless to some.

Yes! all of us are just here trying to share a bit of our knowledge for the benefit of all

yes. but just a point to share here. withdrawing will lessen your invested units, which ultimately will reduce your next div entitlement which paid based on units.