Total Return Reinvestment distribution

• Total Return reinvestment distributions makes provision for instances where a distribution is re-invested by the Fund Manager by increasing the price and no units are allocated.
• A zero cash amount distribution is allocated and the weighted average base cost (WAUC) increase by taking into account the net distribution amount. i.e total cents per unit * clients balances on declaration date. See WAUC
• The distribution will be displayed on the client’s IT3b and IT3s. There will be no impact on the IT3c. As the WAUC increases, the client will have less gain when he/she sells.

Go to the relevant Instrument

Complete the relevant information, select ‘Total return Reinvestment’ and Allocate

Last Updated on 1 year ago by Debra Hart