Do unitholders receive the full distribution amount even if they held their Fund units only part of the year?
Regardless of the time of year chosen to invest in National Bank Mutual Fund units, all unitholders of record on the immediately preceding distribution date will each receive a portion of the full amount of distributions which is proportional to the number of units they individually hold. Investing near year-end in a Fund that makes capital gains distributions can mean having to pay taxes on income realized before the investment date.
Related Questions
- Do unitholders receive the full distribution amount even if theyve held their fund units for only part of the year?
- How could there be a capital gain distribution if the net asset value of my fund has gone down during the year?
- Will the Fund have a Distribution Reinvestment Plan and, if so, how can unitholders participate?
