Managed Funds Navra 4th Qtr distribution

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

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  1. Redwing

    Redwing Well-Known Member

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    Very Funny

    Worse Still I can imagine you dancing around the room singing this :D :D

    [​IMG]
     
    Redwing, 8th Jul, 2007
    #61
  2. voigtstr

    voigtstr Well-Known Member

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    do we know yet what date, the distribution cents per unit amount will be announced, and when do the unit prices start moving again?
     
    voigtstr, 8th Jul, 2007
    #62
  3. Handyandy

    Handyandy Well-Known Member

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    Wholesale distribution for the 1/4 9.3 cents per unit.;)
     
    Handyandy, 9th Jul, 2007
    #63
  4. SugarFreeGum

    SugarFreeGum Member

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    Is this official?? Whoo!
     
    SugarFreeGum, 9th Jul, 2007
    #64
  5. Simon

    Simon Well-Known Member

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    If I wish to buy more units at the post distribution price what date should I be sending in my application. Via Leveraged Equities of course .....

    This distribution more than pays the interest bill - the other three months are just gravy! :D
     
    Simon, 9th Jul, 2007
    #65
  6. Simon Hampel

    Simon Hampel Founder Staff Member

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    You need to have your application processed on the 1st business day in July to get the lowest post-distribution price (assuming the unit price keeps rising from there).

    I'd suggest faxing in your request before 11am on the previous business day before the first business day in July ... that way you'd get either the first or second day after distribution.

    The alternative is to do automatic reinvestment of distributions - which are always calculated based on the post-distribution price (although technically I think NavraInvest use the price from the first day of the new quarter, which is not ideal - but not uncommon).

    If you're talking about doing it now - you've already missed the lowest price by at least 5 days!
     
    Simon Hampel, 9th Jul, 2007
    #66
  7. gad

    gad Well-Known Member

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    Good news the final unit price for the Navra funds are as follows:

    Navra Blue Chip Australian Share Retails Fund 9.22 cpu


    Navra Blue Chip American Share Fund 1.40 cpu.
     
    gad, 9th Jul, 2007
    #67
  8. hillsguy

    hillsguy Well-Known Member

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    My contact at Navra mentioned that there are still no official details for WS fund.

    Anyone ?
     
    hillsguy, 9th Jul, 2007
    #68
  9. gad

    gad Well-Known Member

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    The WS fund was not mentioned to me but that may be because I don't have any units in the WS fund.
    I was told that the figures given to me had just been finalised so perhaps the WS fund was as well?
     
    gad, 9th Jul, 2007
    #69
  10. Handyandy

    Handyandy Well-Known Member

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    Ah hum my previous post mentions the ws fund;)
     
    Handyandy, 9th Jul, 2007
    #70
  11. hillsguy

    hillsguy Well-Known Member

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    Thanks Handyandy ... didn't know it was 'official'.
     
    hillsguy, 9th Jul, 2007
    #71
  12. Ray Brown

    Ray Brown Member

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    Does it normally take so long to calculate the new unit prices? 10 days now.

    Also, hopefully navtrade didn't reduce BHP holdings too much ahead of this latest rally from the big miner.

    Anyway, lets have it then Steve...
     
    Ray Brown, 10th Jul, 2007
    #72
  13. gad

    gad Well-Known Member

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    gad, 10th Jul, 2007
    #73
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