Cash Distribution Funds
Cash distribution funds offer a predictable income stream.
Specific distribution rates can be chosen to meet a variety of
needs.
Key features:
- Tax-free switching between different payout rate options within
the same fund
- Available on a diverse line-up of investment funds
- Tax-efficient monthly cash flow through return on invested
capital without redeeming fund units or triggering capital
gains*
*The payment of distributions and distribution breakdown is not
guaranteed and may fluctuate. The payment of distributions should
not be confused with a fund's performance, rate of return, or
yield. If distributions paid by the fund are greater than the
performance of the fund, then your original investment will shrink.
Distributions paid as a result of capital gains realized by a fund
and income and dividends earned by a fund are taxable in your hands
in the year they are paid. Your adjusted cost base will be reduced
by the amount of any returns of capital. If your adjusted cost base
goes below zero, then you will have to pay capital gains tax on the
amount below zero. For more information about the Fund's
distribution policy and the conditions under which the distribution
rate shown may change, please refer to the simplified
prospectus.