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Anonymous

19 Jul 2024

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General Investing

How does OCBC pays dividends for Unit Trust?

Hi all currently I am buying unit trust in a montjly basis, was wondering when usually the account will reflect on the dividends payout? For purchasing unit trust, I understanding that there is roughly 3 workings day to reflect in my account from the date of purchase .

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You need to check whether your purchased unit trust is accumulating or non-accumulating. If it is accumulating, the unit trust is not paying out dividend but rather reinvest the dividend for you and reflected in the price (NAV) of the units of the unit trust.

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