South Africa - Reitway BCI Global Property Fund

Distributions

 

Distributions

The Reitway BCI Global Property Fund pays quarterly distributions at the end of the following months: February, May, August, November.

RetailInstitutional
DateDistributions*Withholding tax offset**Net cash receipts***Distributions*Withholding tax offset**Net cash receipts*** 
2017
Aug1.910.301.612.140.341.80 
May1.110.320.791.370.400.98 
Feb1.010.210.801.240.250.98 
2016
Nov1.300.330.991.570.391.18 
Aug2.100.281.822.350.312.04 
May1.710.361.351.960.411.55 
Feb2.100.401.702.330.431.90 
2015
Nov1.450.261.191.670.301.37 
Aug1.340.321.021.570.371.20 
May1.400.241.161.590.361.32 
Feb1.250.241.011.460.281.18 
2014
Nov1.480.191.291.650.221.43 
Aug0.080.010.070.350.030.32 
June1.320.360.961.540.341.20 
March1.140.360.781.720.721.00 
2013
Dec1.290.320.971.480.301.18 
Sept0.980.210.771.210.230.98 
June1.860.311.552.080.331.75 
March0.680.140.540.880.140.74 
2012
Dec1.250.231.021.520.321.20 
Sept1.620.061.561.790.081.71 
June1.480.161.321.650.231.42 
March0.700.120.580.890.210.68 
Note:
  • *Distributions received from investments are net of fund costs including management fees.
  • **The withholding tax offset reflected is deductible from income taxes due.
  • ***The Net Cash Receipts are subject to recharacterisation for tax purposes at the end of the financial year.


Investors can nominate to have the quarterly distributions:

  • Paid out entirely or
  • Re-invested back into the fund

Disclaimer
Collective Investment Schemes (CIS) in securities are generally medium to long term investments. The value of participatory interests may go down as well as up and past performance is not necessarily a guide to the future. All CIS are traded at ruling prices and can engage in borrowing and scrip lending. A schedule of fees and charges and maximum commissions is available on request. Commission may be paid and if so, would be included in the overall costs. A fund of fund portfolio is a portfolio that invests in portfolios of collective investment schemes, which levy their own charges, which could result in a higher fee structure for these portfolios. Forward pricing is used. Fluctuations or movements in exchange rates may cause the value of underlying international investments to go up or down. The Fund may borrow up to 10% of the market value of the portfolio to bridge insufficient liquidity. Different classes of participatory interests apply to certain portfolios, which are subject to different fees and charges. Performance figures quoted are from Morningstar/MoneyMate, as at the date of this factsheet for a lump sum investment, using NAV-NAV prices with income distributions reinvested. Service charges and investment manager charges are calculated and accrued on the daily marketed value of the investment and paid out monthly. BCI Collective Investments Limited is the Manager of the BCI Collective Investments Scheme, and a full member of the Association for Savings and Investment SA. Although reasonable steps have been taken to ensure the validity and accuracy of the information on this website, Reitway Global (Pty) Ltd and  BCI Collective Investments Limited do not accept any responsibility for any claim, damages, loss or expense, howsoever arising, out of or in connection with the information on this website whether by a client, investor or intermediary. This information should not be seen as an offer to purchase any specific product and is not to be construed as advice or guidance in any form whatsoever. Investors are encouraged to obtain independent professional investment and taxation advice before investing with or in any of Reitway Global and BCI Collective Investments Limited’s products.