Distribution from Principal

1. When will distributions be declared?
Distributions, if any, will be declared at the end of the financial year of each fund, or for any specified period as may be approved by the Trustee.

2. What is distribution reinvestment?
Distribution reinvestment means that the distribution will be reinvested into the account based on NAV per unit (the closing price after the financial year end of the fund, or for any specified period as may be approved by the Trustee) to buy more units.

3. Where can you view the historical record of dividends such as historical dividend rates and frequency?
Historical records of dividends declared can be viewed under the ‘Fund Info’ section in the fund factsheets.

4. What do you do with the distribution tax voucher in the statement?
The distribution statement informs you of your distribution entitlement. You can submit it to the income tax department to claim your tax credit. 

5. Are capital gains and distribution on unit trust taxable?
No, capital gains are not taxable. However, distributions are taxed at source and the rate depends on the assessment year.