Distribution Reinvestment Plan (DRP)
A DRP automatically reinvests distributions in additional units in the fund.
You can either opt in to full DRP or alternatively receive your distribution in cash.
Whether you should take your distribution in the form of cash or elect to participate in a DRP (where one is available) depends on your individual circumstances and investment goals.
Participating in a DRP can be a convenient way of increasing your investment. You are not charged brokerage on the incremental amount invested. Therefore, if you don’t need the cash, participating in a DRP can help you to increase the value of your portfolio.
A DRP also enables you to enjoy the benefits of compounding. As your holding of units increases over time, you will essentially be increasing your investment amount and may potentially benefit from distributions paid on your increased holding.
If, however, you rely on your investment income for your living expenses, you may be better off taking your distributions in the form of cash.
Betashares currently offers DRP on Betashares Australian Investment Grade Corporate Bond Fund (NZD Hedged). Importantly, the default position when you invest is for DRP to be enabled.
The way you opt in/out of DRP depends on how you invested in the fund:
- Direct investment: a DRP election can be made when you initially apply for units or alternatively you may wish to elect into, or out of, the DRP for your existing holdings by contacting MUFG Corporate Markets.
- Investment via a platform: Please contact your platform provider to find out how you can elect into, or out of, the DRP.
How to opt in
Opt in via MUFG Corporate Markets, who provide unit registry services in relation to Betashares funds.
Once logged in to your Link account, go to the Payments & Tax section. Select ‘Reinvestment Plan’ (or ‘DRP’ if accessing via mobile) to manage your participation. Joint holders will need to print, complete, and return the form available online.
Indicative 2023 Distributions Calendar
Expand the sections below for the latest distribution information for Betashares funds.
Betashares Funds
Betashares/Franklin Templeton Funds
Alternatively, download a copy here.
Tip: Understanding distribution dates
Distributions calendar – Betashares funds
Monthly distributing funds
Quarterly distributing funds
Semi-annual distributing funds
Annual distributing funds*
*The Funds may distribute more frequently than annually, assuming there is distributable income. When relevant, an ASX announcement will be made advising of any upcoming distributions.
Important
This distributions calendar is indicative only and is subject to change. Prior to the end of each distribution period, a separate announcement will be made via the ASX Market Announcements Platform announcing the distribution timetable applicable for that period, if a distribution is declared.
No assurance is given regarding the future performance of any Fund or the declaration of any distribution for any period. The amount of any distribution paid by a Fund will vary from period to period, and there may be periods when a Fund will not pay a distribution. This is general information only and does not take into account any person’s particular circumstances. Investors should read the relevant PDS and Target Market Determination (at betasharesnz.wpengine.com) before deciding to buy or hold units. This is not a recommendation to invest in any Betashares Fund buy units or adopt any particular investment strategy. Betashares Capital Ltd (ACN 139 566 868 AFS Licence 341181) is the issuer of the Funds.
Distributions calendar – Betashares/Franklin Templeton funds
Monthly distributing funds
Quarterly distributing funds
Annual distributing funds*
*The fund may distribute more frequently than annually, assuming there is distributable income. When relevant, an ASX announcement will be made advising of any upcoming distributions.
Important
This distributions calendar is indicative only and is subject to change. Prior to the end of each distribution period, a separate announcement will be made via the ASX Market Announcements Platform announcing the distribution timetable applicable for that period, if a distribution is declared. No assurance is given regarding the future performance of any Fund or the declaration of any distribution for any period. The amount of any distribution paid by a Fund will vary from period to period, and there may be periods when a Fund will not pay a distribution.
