For example, assume you own 100 units in a fund that is valued at $10.00/unit (your investment is worth $1,000). If the fund pays a distribution of $0.10/unit, its price will drop to $9.90 following the distribution. However, if you follow the common practice of re-investing your distributions, you will receive an additional 1.01 units in the fund ($10.00/$9.90), so the value of your investment remains unchanged (101.01 units x $9.90/unit = $1,000).
The estimated distributions for our funds (to be declared on December 16th) are as follows:
Income Fund: $0.15/unit (bringing the year-to-date total to $0.30/unit)
Founders Fund: $0.13/unit (bringing the year-to-date total to $0.27/unit)
Equity Fund: $0.75/unit
Global Equity Fund: $0.00/unit
Small-Cap Equity Fund: $1.20/unit
Global Small-Cap Equity Fund: $0.01/unit
Builders Fund: $0.22/unit
Year-end distributions
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Year-end distributions
The year-end distributions for all our funds (with the exception of the Savings Fund) will be declared on Friday, December 16th and paid on Monday, December 19th. The Savings Fund will pay its regularly scheduled monthly distribution on Friday, December 30th.
In this post, we provide a refresher on distributions along with the estimated figures for our funds.
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