Managed Funds Navra 4th Qtr distribution

Discussion in 'Shares & Funds' started by gad, 11th Jun, 2007.

Join Australia's most dynamic and respected property investment community
Page 3 of 4
  1. artgul

    artgul Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    76
    Location:
    Sydney
    From the audio, I understood that he's minimising currency exposure by keeping any cash holdings in AUS$ as oppose to US$ as they were before.

    Cheers,
    artgul
     
    artgul, 3rd Jul, 2007
    #41
  2. voigtstr

    voigtstr Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    601
    Location:
    Hobart
    voigtstr, 3rd Jul, 2007
    #42
  3. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
    Posts:
    12,419
    Location:
    Sydney
    Usually takes up to a week after a distribution for unit prices to be recalculated.
     
    Simon Hampel, 3rd Jul, 2007
    #43
  4. DaveA__

    DaveA__ Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    580
    Location:
    Sydney, NSW
    Australian Unity took 14 days last quarter...

    UBS updated their price to 2nd July this afternoon with a 39 cent drop (12.8%) however nothing has been published about how much is a distribution....
     
    DaveA__, 3rd Jul, 2007
    #44
  5. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
    Posts:
    12,419
    Location:
    Sydney
    The question is how much will you pay in fees - the drop in unit price pretty accurately shows the gross distribution (they are directly related after all), but how much you get in hand will depend on fees and other gotchas.
     
    Simon Hampel, 3rd Jul, 2007
    #45
  6. DaveA__

    DaveA__ Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    580
    Location:
    Sydney, NSW
    MER is only 0.8% and no performance fee as well, they quoted last week a distribution of about $0.28 so its a large variation, just looking forward to the money hitting my account...

    all fun and games i guess...
     
    DaveA__, 3rd Jul, 2007
    #46
  7. Rick__

    Rick__ Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    85
    Location:
    QLD
    Trying to do some forward planning with regard to the 4th QTR distribution.

    I know they normally get credited about the middle of the month but can anyone remember how long it was last year before the actual cents per unit figure was announced.

    I'm using the cash to pay for ongoing PPOR renovations and need to know ASAP how much I will have to source from other means for the next progress payment.

    Just in case anyone didn't realise, building costs are going through the roof. (so to speak, it's getting done now)

    It's a bit of a catch 22 situation. There's delays in getting work done and while you wait the costs are forever spiraling up.

    I doubt this situation would be much different anywhere in the country?

    There can only be one way property prices can go and isn't down :)
     
    Rick__, 6th Jul, 2007
    #47
  8. BSB

    BSB Active Member

    Joined:
    1st Jul, 2015
    Posts:
    42
    BSB, 6th Jul, 2007
    #48
  9. MichaelW

    MichaelW Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    840
    Location:
    Brisbane
    Guys,

    I just got off the phone to my paraplanner friend of mine at Navra and she told me that it is now "at least" 7c on the Aus Retail, and looks like being more. She says every day they calculate it, it sneaks up a little.

    She also said my distribution was going to be "at least" $50K! :D Makes for a very happy me. Only $25K left on my PPOR after that!! Woohoo....

    PS I wasn't ringing to badger her about the distribution, was actually ringing to discuss another aspect of my financial plan and a decision I'd made which was unrelated and she happened to mention the distribution situation.

    Cheers,
    Michael.
     
    MichaelW, 6th Jul, 2007
    #49
  10. spider

    spider Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    115
    Location:
    sydney
    June distribution

    Yeah, the latest I heard for the w/s fund is that it "COULD" be as high as 9cents per unit

    Wooooooo
     
    spider, 6th Jul, 2007
    #50
  11. hillsguy

    hillsguy Well-Known Member

    Joined:
    25th Aug, 2015
    Posts:
    502
    Location:
    Adelaide
    Geez ... I am starting to feel an anxiety attack coming on ... :D :D :D

    Hopefully there are close to officially confirming final payout.
     
    hillsguy, 6th Jul, 2007
    #51
  12. MichaelW

    MichaelW Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    840
    Location:
    Brisbane
    Dance with me boys!

    "I like big BUCKS and I can not lie
    You other brothers can't deny..."

    ;)

    Michael.
     
    MichaelW, 6th Jul, 2007
    #52
  13. Glebe

    Glebe Well-Known Member

    Joined:
    29th Sep, 2019
    Posts:
    819
    Location:
    Central Coast NSW
    It's great that an income fund is delivering income in the bucketloads.

    But just remember that what the funds give in one hand (income), they're taking from the other (capital).

    The income and the capital equal the unit price at 30 June 07, what's being determined is the exact portion of each that makes up that unit price.
     
    Glebe, 6th Jul, 2007
    #53
  14. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
    Posts:
    12,419
    Location:
    Sydney
    Only if you invested reasonably late in the financial year (most but not all of the gains from the first 3 quarters would already have been distributed).

    If you bought in before July 1 2006, then all of the income for the year is a pure return on your investment and not just a capital conversion.
     
    Simon Hampel, 6th Jul, 2007
    #54
  15. gazza

    gazza Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    191
    Location:
    Canberra
    Michael

    You could be in for one helluva long dance session. A little birdy told me it could be in excess of 9c :)

    Gazza
     
    gazza, 7th Jul, 2007
    #55
  16. Simon

    Simon Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    507
    Location:
    Newcastle
    Cool - the kids get school shoes this year after all! :) :)
     
    Simon, 7th Jul, 2007
    #56
  17. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
    Posts:
    12,419
    Location:
    Sydney
    Will they have diamonds on the soles of their shoes huh ? :D
     
    Simon Hampel, 7th Jul, 2007
    #57
  18. 24724

    24724 Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    89
    Simon, that's going back a few years now.....never imagined you could possibly be that old:D :D
    Jayar
     
    24724, 7th Jul, 2007
    #58
  19. spider

    spider Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    115
    Location:
    sydney
    Navra dist.

    XXXXXXX units X 9 cents = :D :D :D :D
     
    spider, 7th Jul, 2007
    #59
  20. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
    Posts:
    12,419
    Location:
    Sydney
    Graceland album released 1986 ... I was 13 - absolutely loved "You can call me Al" too :D
     
    Simon Hampel, 7th Jul, 2007
    #60
Page 3 of 4
Investment properties sent straight to your inbox