Shares & Derivatives
Nikko AM STI ETF Amended Dividend Distribution Dates
By Turtle Investor  •  June 1, 2014
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If you are wondering what happened to Nikko AM STI ETF’s 2014 scheduled dividend distribution dates (previously in May and October), you have come to the right place. For year 2014 onwards, their semi-annual dividend distribution dates have been amended to January and July. In their latest prospectus (see Clause 11.4) -
Distributions, if any, will be determined by the Manager. Currently, it is the Manager’s intention to make distributions to Holders semi-annually around January and July of each year. The Manager will decide whether a distribution is to be made based on various factors, including dividend and/or interest income and/or capital gains derived from the investments of the Fund. Distributions will only be paid to the extent that they are covered by income received from underlying investments of the Fund and are available for distribution.
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By Turtle Investor
Hello there! I am Kevin and the author behind the Turtle Investor blog. At age 37, I hit CPF Full Retirement Sum (FRS) of $176,000 on the last day of 2019, twelve years after graduating from university. I am married and owns a 4-room apartment. I continue to be gainfully employed to build up my portfolio and provide my loved ones with better lives. Leaving everything behind and transitioning to a digital nomad life in Bali remains an option but not something that I’m actively pursuing now 🙂
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