Yes, they really want to lock you in. Interesting tactic.

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ThorsHammer33

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24/12/15

00:40

Post #: 16679275
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Originally posted by JohnElanora ↑

This reads as if unit holders can elect to receive a partial cash distribution equal to the highest tax rate, ie 49%.

"Under the DRP, eligible investors that first invested into the Fund prior to 31 December 2015 will have 100 per cent of their distributions reinvested in additional units at the DRP issue price unless the investor elects on or before 4 January 2016 to receive a partial cash distribution. Investors receiving a partial cash distribution will receive in cash that part of the distribution that is equivalent to the highest marginal rate of tax plus Medicare Levy and other applicable levies (currently 49.0%) as set out in the Product Disclosure Statement. The balance will be reinvested in additional units. "

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Yes, they really want to lock you in. Interesting tactic.

AGF Price at posting: $1.41 Sentiment: Hold Disclosure: Held
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Yes, they really want to lock you in. Interesting tactic.

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