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Can I change the dividend payment method from reinvest to payout or vice versa?

April 26, 2017dividend method payment payout reinvest versa

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Can I change the dividend payment method from reinvest to payout or vice versa?

2 Answers

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Dividend payment methods are pre-determined by Fundsupermart.com and currently there is no option given to investors to choose whether they would like to have the dividends to be paid out or reinvested. This statement has been made known in FSM website under its FAQ and Clause 5.6 of the iFAST FINANCIAL PTE.LTD TERMS AND CONDITIONS FOR SECURITIES ACCOUNT.

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Posted

Dividend payment methods are pre-determined by Fundsupermart.com and currently there is no option given to investors to choose whether they would like to have the dividends to be paid out or reinvested. This statement has been made known in FSM website under its FAQ and Clause 6.12 of the iFAST FINANCIAL PTE.LTD TERMS AND CONDITIONS FOR SECURITIES ACCOUNT.