Distributions
Distributions are a payment to unit holders of any income received and realised capital gains that have been achieved within the portfolio during the period.
Distributions are calculated half yearly following the close of business on 30th June and 31st December.
In order to complete these calculations we must wait on the underlying wholesale investment managers to complete their processing and advise us of distributions from their funds.
As distributions for InvestmentPlan cannot be calculated until all investment managers submit their information to us, unit prices will be posted on our website as soon as they become available.
It should be noted that new investment applications, investment choice switches and redemption requests will be processed using the prices applicable on the day they were received in accordance with the current product disclosure statement (788kb). This means that the value of new accounts or investment switches will only be calculated once the final distributions are received.
It is not unusual for delays to occur in the issuing of unit prices for the periods ending December 31 and June 30 and these are not reason for concern. If you do have any concerns or questions, please submit an enquiry or call Telstra Super Financial Planning on 1300 033 166.