Distributions

30 Sep 2020- Quarterly Distribution Information

Fund Name APIR Code 30-Sep-2020 Distribution
CPU (cent per unit)
12-H notices for components breakdown
Pengana Australian Equities Income Fund HHA0001AU 0.85 Click Here

Where no distribution is shown, the fund did not make a distribution as at 30-Sep-2020.

 

30 Jun 2020- Final Distribution Information

Fund Name APIR Code 30-Jun-2020 Distribution
CPU (cent per unit)
12-H notices for components breakdown
Pengana Australian Equities Fund PCL0005AU 9.72 Click Here
Pengana Australian Equities Income Fund HHA0001AU 1.00 Click Here
Pengana Emerging Companies Fund PER0270AU 0.66 Click Here
Pengana Global Small Companies Fund PCL0022AU 1.92 Click Here
Pengana High Conviction Equities Fund HHA0020AU 7.49 Click Here
Pengana High Conviction Property Securities Fund PCL8246AU 1.23 Click Here
Pengana International Equities Fund- Class B PCL0026AU 17.88 Click Here
Pengana International Fund Ethical HOW0002AU 41.66 Click Here
Pengana International Equities Fund- Managed Risk PCL0027AU 10.66 Click Here
Pengana Alpha Israel Fund   Distribution Pending  

Where no distribution is shown, the fund did not make a distribution as at 30-Jun-2020. 

 

Distribution FAQ

  • WHY MAY THE UNIT PRICE FOR MY FUND DECREASE AFTER 30 JUNE?

    A unit price reflects the value of a fund’s investments, including any income accrued but not yet distributed. When distributions are paid, the unit price will usually decrease by an amount equal to the distribution. As a result, if your fund pays a distribution on 30 June, the unit price will generally decrease after the close of business by the same amount.

    Please note that if you fully withdraw units from your fund before 30 June, you will not receive a distribution for those units. If you partially withdraw units from your fund you will only receive a distribution for the units you still hold at 30 June.

  • WHY IS THERE A DELAY IN RELEASING UNIT PRICES AFTER 30 JUNE?

    Finalising year-end unit prices is a detailed process and takes time due to distribution calculations and review requirements. We expect unit prices for Pengana’s funds to be caught up by mid-July.

  • WHY ARE THERE DELAYS IN PROCESSING WITHDRAWALS DURING JULY?

    During July there may be delays in issuing unit prices as we finalise year-end distributions. While unit prices are unavailable, we are not able to process transactions, including withdrawals.

    This delay will not affect the value of your investment or the value of any transactions made during the year-end period. When unit prices are issued, transactions will be processed for the day they were received and accepted.

    We will endeavour to obtain the prices and process transaction requests as quickly as possible.

  • WHY DO FUNDS PAY DISTRIBUTIONS?

    Funds generally pay all of their distributable income for the year to investors.  Distributable income is made up primarily of interest, dividends and net realised capital gains of the fund less fund expenses.  Funds are required to attribute this income to investors for tax purposes whether they pay an actual distribution or not.  Most funds pay the same amount that they attribute.

  • DOES THE DISTRIBUTION REPRESENT THE PERFORMANCE OF THE FUND?

    Unrealised capital gains for the year are not included in distributable income, so distributions are not necessarily a good representation of performance.  If a fund has significant unrealised capital gains for the year, performance may be far better than the distribution.

  • WHEN WILL I RECEIVE MY DISTRIBUTION PAYMENT?

    Please refer to our Distribution calendar for this information.  We will keep this updated with current information throughout the year end process.

  • DOES THE REINVESTMENT OF MY 30 JUNE DISTRIBUTION OCCUR BEFORE OR AFTER 30 JUNE?

    The reinvestment of your 30 June distribution will be processed with an effective date of 30 June using the fund’s post-distribution price.  This reinvestment amount will appear as a separate transaction on your statement and will be incorporated into the opening balance for the following financial year.

  • WHY HAVE I HAD TAX WITHHELD FROM MY DISTRIBUTION?

    Tax may have been withheld from your distribution because you’re an overseas resident for tax purposes or because you have not supplied us with your Australian Tax File Number (TFN Withholding Tax).  If you have had TFN Withholding Tax applied to your distribution you should provide us with your Tax File Number.  You can often claim Withholding tax back when you lodge your tax return.  

  • WHAT STATEMENTS WILL I RECEIVE AFTER YEAR END?

    You will receive four statements during the year end period:

    • a transaction statement for the month or quarter to 30 June;
    • a distribution statement informing you of the amount of the distribution at 30 June (if the fund you invested in distributes at 30 June);
    • a Tax (AMMA) statement for the financial year (if the fund you invested in distributed in FY2020); and
    • a Periodic statement for the financial year.
  • WILL I RECEIVE A TAX STATEMENT IF I HAVE REDEEMED UNITS IN MY INVESTMENT?

    Tax Statements (now referred to as AMMA statements) are issued to all investors who have received a distribution during the financial year.  If you have received a distribution during the year you will receive an AMMA statement.

  • WILL I GET A TAX STATEMENT IF I HAVEN'T BEEN PAID DISTRIBUTIONS?

    Tax Statements (now referred to as AMMA statements) are issued to all investors who have received a distribution during the financial year.  If you have received a distribution during the year you will receive an AMMA statement.

  • DO PENGANA PROVIDE CAPITAL GAINS STATEMENTS?

    Like most investment managers, Pengana do not provide investors with Capital Gains Statements.