Income from Investment

Income from Investment

The Trustees approve the net income that will be distributed by FHUT. The net income (that is dividend) is the balance from the total gross income available for distribution after deducting FHUT expenses such as management & trustee fees as at the closure of the unit register. FHUT Registry closes at the end of October, February and June each year.

The Manager may also decide at any time that any capital gains amount or any income amount, with the Trustee’s approval, be distributed to Unit holders in accordance with the requirements of the Scheme Deed.

When Will I Receive a Return from My Investment?

The income from the investments of FHUT will be distributed to Unit holders on 21st of November, March and July.

How Much Will I Receive?

The amount of dividends that you will receive is based on the number of units that you hold on the date of closure of the Unit Registry. (This is also known as ‘dividend distribution’).

You will not receive any dividend payment if your investment falls below the minimum balance of 50 units on the date of closure of the Unit Register.

How Will My Dividend Income Be Paid?

Dividend distributions can be either:

  • Deposited directly into your nominated bank account that you provided to the Manager when you initially invested; OR
  • Automatically reinvested into your investment account based on your instructions when you initially invested using the entry price applicable on the date the dividends are reinvested.

Please indicate your preference on your application form. Note that FHUT dividends will not be paid out in cash. There are no costs associated with any of the above options unless you request the funds to be remitted overseas.

Irrespective of the date you purchased units from FHUT, you will still receive dividends for the full period covered by the distribution but only if you are a Unitholder holding at least 50 units on the date of closure of the Unit Register.

If you choose the reinvestment option, it means your dividends are invested back into FHUT, and hence the number of units you own, grows over time. Failure to indicate your dividend mode will result in automatic reinvestment of dividends. The unit price applicable will be the prevailing unit price of the creation in which the dividends are paid.

Dividends that is unclaimed after 6 months will automatically be reinvested and all subsequent dividends will be reinvested until otherwise advised. This also applies to those investors opting for payout to bank accounts but nominated bank accounts are inactive.