Will I receive any dividends or distributions from managed funds?
A distribution is profit earned by a fund and paid to investors, and may include income such as interest, dividends and realised capital gains.
A distribution is expressed as a cents-per-unit amount. For example, if your fund pays a distribution of two cents per unit, and you hold 1000 units, your total distribution payment would be $20 ($0.02 x 1000).
Most funds distribute at the end of each financial quarter, and are normally paid within 14 days of the calculation date. Investors can elect either to reinvest their distribution, or have it paid to their bank account.