Dividends not reflected on GFunds
Dividends are cash that a fund or company gives its investors to share profits. Think of it as a small bonus for investing. It can add to your income on top of your investment value.
What to know about dividends
-
Not guaranteed
You may get paid some months and get PHP 0 in other months. The amount can change each month. -
Non-cumulative
If you get PHP 0 this month, it will not be paid back later. Each month’s payout is separate.
Which funds pay dividends
Only some funds in GFunds pay dividends.
| Fund House | Fund Name | Dividend Frequency |
|---|---|---|
| BPI Investment Management Inc. (BPI-IMI) | ALFM Global Multi-Asset Income Fund | Monthly |
| Manulife Investment Management and Trust Corporation (MIMTC) | Manulife Global Preferred Income Feeder Fund | Monthly |
| Manulife Global REIT Feeder Fund | Monthly | |
| Manulife Asia Pacific REIT Fund of Funds | Semi-Annually | |
| Manulife Asia Dynamic Bond Feeder Fund | Monthly |
How it’s computed
Dividends = No. of units x Unit Dividend x NAVPU as of record date
Note: The number of units and NAVPU are the ones received during the record date, not during the settlement date. The fund house determines the record date and NAVPU.
The unit dividend is rounded to 4 units.
Sample:
| Item | Value |
|---|---|
| Number of Units (as of Record Date) | 10,000 units |
| Unit Dividend | 0.0035 |
| NAVPU (as of Record Date) | PHP 120.50 |
| Dividends Received | PHP 4,217.50 |
If you have a fund that pays dividends and don’t get it 2-3 days after the expected date, click here to contact support. Our team will reach out as soon as possible.