Managed Funds Its official, 4% Navra distribution for March 2007 quarter

Discussion in 'Shares & Funds' started by MichaelW, 4th Apr, 2007.

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  1. hillsguy

    hillsguy Well-Known Member

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    Wow ! That's pretty quick.

    I always wander why it takes NI so long ... no doubt there are many reasons.
     
    hillsguy, 11th Apr, 2007
    #21
  2. Simon Hampel

    Simon Hampel Founder Staff Member

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    The size of the company and the resources they have available would be the main factor I expect.

    However, I find Platinum to be pretty slow processing stuff too - and they are a much larger company (at least in FUM terms).
     
    Simon Hampel, 11th Apr, 2007
    #22
  3. craig__

    craig__ Member

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    Of course, if you have other entities, then you will pay less (or no) tax.
     
    craig__, 11th Apr, 2007
    #23
  4. Bob__

    Bob__ Well-Known Member

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    I believe it is going in tonight.........
     
    Bob__, 12th Apr, 2007
    #24
  5. Simon Hampel

    Simon Hampel Founder Staff Member

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    I'm a bit worried that I'm not seeing the payment details in InvestorServe ... does anyone else see their distribution info there ?
     
    Simon Hampel, 12th Apr, 2007
    #25
  6. 24724

    24724 Well-Known Member

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    Not yet, Sim..................

    Jayar
     
    24724, 12th Apr, 2007
    #26
  7. Simon

    Simon Well-Known Member

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    Why are you worried Sim? Have you any grounds to believe that there may be a problem with Navra delivering this quarter?
     
    Simon, 12th Apr, 2007
    #27
  8. 24724

    24724 Well-Known Member

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    Hi,
    Last quarter, distributions were, from memory, paid out on the 10th January.
    It is now the 12th April.
    But given that we've just had a 4-day Easter break, perhaps we can allow Navra a little leeway to contend with this holiday break.
    But I still have sweaty palms. :D :D :D
    Jayar
     
    24724, 12th Apr, 2007
    #28
  9. voigtstr

    voigtstr Well-Known Member

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    how do you register for InvestorServe
     
    voigtstr, 12th Apr, 2007
    #29
  10. 24724

    24724 Well-Known Member

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    Hi, Voigtstr,
    When you first purchased units, you should have been given the option of having internet access to your account.
    If you took this option, NavraInvest would have written to you giving you all the info necessary to log into your account through Investorserve.
    Cheers
    Jayar
     
    24724, 12th Apr, 2007
    #30
  11. Simon Hampel

    Simon Hampel Founder Staff Member

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    No that wasn't my concern at all ... I refinanced my Navra funds with a new margin lender earlier in the year, and I was worried that there had been some problem with the way the account was set up.

    If nobody else is seeing the info in InvestorServe either, then it sounds like an InvestorServe problem rather than something wrong with my accounts ... which makes me feel a bit happier !
     
    Simon Hampel, 12th Apr, 2007
    #31
  12. voigtstr

    voigtstr Well-Known Member

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    ahhh got ya... parked a small amount of money in the wholesale fund via etrade. As soon as I see that the distribution has been paid in, I'll cash out and then reinvest my partner's money into the retail fund via Managed funds and superannuation with 100% rebate of entry fees and research on funds and shares - InvestSMART mainly so that distributions can be automaticly reinvested (etrade didnt give me a choice) and also so that if I start adding to the fund as well (when my debts are paid) then the trailcap might come into effect. (I'll make sure I tick the internet access box)

    Cheers
    Simon
    aka the voigtstr
     
    voigtstr, 12th Apr, 2007
    #32
  13. Cozican

    Cozican New Member

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    Distributions have hit accounts according to my Bank!:)
     
    Cozican, 12th Apr, 2007
    #33
  14. hillsguy

    hillsguy Well-Known Member

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    Yep - funds hit my account tonight also. :)
     
    hillsguy, 12th Apr, 2007
    #34
  15. 24724

    24724 Well-Known Member

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    Funds arrived in my bank last night, too.
    I find it a little strange as Investorserve still haven't updated their records as yet.
    Obviously I'm mistaken, but I always thought that Investoserve was the first cab off the rank, followed a day later by the bank deposit.
    Anyway, doesn't really matter, as long as the cash flows in, hey?.:D
    Jayar
     
    24724, 13th Apr, 2007
    #35
  16. Handyandy

    Handyandy Well-Known Member

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    In and out, don't you love internet banking, paying down some debt:cool: From 5.4% taxable to 7.6% non taxable.

    Cheers
     
    Handyandy, 13th Apr, 2007
    #36
  17. voigtstr

    voigtstr Well-Known Member

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    e*trade hasnt updated yet.
     
    voigtstr, 13th Apr, 2007
    #37
  18. Handyandy

    Handyandy Well-Known Member

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    Hi voigtstr

    You don't need to cash out to change the broker/FA that you have your investments through.

    Simply get on the investsmart site and fill out a giving each managed fund you have invested in

    http://www.investsmart.com.au/trailcap/pdf/Fund_Transfer_Form.pdf

    I should have share in Investsmart:D

    Cheers
     
    Handyandy, 13th Apr, 2007
    #38
  19. Meisterin

    Meisterin Well-Known Member

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    I checked my holding via InvestorServe las night. It was distributed.
     
    Meisterin, 13th Apr, 2007
    #39
  20. Simon Hampel

    Simon Hampel Founder Staff Member

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    Ooooohhhhh ... this is very interesting. I just found my distribution payment. It was paid to my other margin lending account (the one I refinanced my Navra funds away from earlier this year) !!!

    I'm sure that wasn't supposed to happen ... but it is actually better for me - that's where I wanted the money anyway :D

    I'm about to move the funds back to that lender - so it won't really matter either way.
     
    Simon Hampel, 13th Apr, 2007
    #40
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