Managed Funds Timing a sell

Discussion in 'Shares & Funds' started by Simon, 20th Feb, 2007.

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  1. Simon

    Simon Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    507
    Location:
    Newcastle
    I am looking to sell up my holdings.

    I figure I should sell close to a distribution when the price is reflecting the coming distribution. This way I get the 50% CGT exemption rather than paying income tax on the distribution. Not a big deal but maybe worth the effort?

    What do you guys think?

    When is the next distribution date?

    Thanks

    Simon
     
    Simon, 20th Feb, 2007
    #1
  2. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
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    Location:
    Sydney
    Assuming you've held the units more than 12 months, yes - it can be more tax effective to sell just before a distribution (make sure you put your sell order in a couple of days before the end of quarter - it can take some time to process ... perhaps check with NavraInvest for exact timing).

    Next distribution is calculated after the 31st of March.

    Just a reminder - if you have carried forward capital losses, or other income losses - that can have an impact on which would be the more tax-effective method (selling before or after distribution) - so it's not always cut-and-dried which is best.
     
    Simon Hampel, 20th Feb, 2007
    #2
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