Monday, April 23, 2012

5 funds on waiting list for dividend declaration

On end of this month, there are 5 Public Mutual's Unit trust funds will reach its financial
 year end. As in the past, historically all 5 funds had declared distribution
(please observe the table below).

Today is April 23, 2012 and in about 5 days from now these funds will reach its 2012
financial year end. I am pretty sure that dividends will still be declared for these funds
but i am not sure the quantum of the distribution.

If you notice on the 'Est' column, i have shown the average estimated distribution which
i anticipate the company will declare, however this figures are just raw estimation only.
On the last column, i have left the cells blank. It serves as a comparison between estimated
and actual value. We will see how the outcome will be post declaration.

I want you to compare the estimated dividend to your financial institution's Certificate
of deposit interest rate or your bank's Fixed Deposit interest rate which currently stands
at 3.10% (Malaysia) for deposits kept for 12 months period. Apparently from the chart,
the funds that is represented by yellow colored cells makes better return compared to the
prevailing interest rates offered by the local financial institutions.( Disclaimer: the estimated
figure shall not be taken as the real declared dividend. It is purely a distribution calculated 
by averaging the historical dividends of funds)



No comments:

Post a Comment

Note: Only a member of this blog may post a comment.