Friday, December 19, 2008

Australian Managed Fund Distributions Fall Dramatically

This isn't a surprise at all but I just checked our distributions from Colonial First State which were paid on 14th December. Snork Maiden received $18.53 (distributions from Platinum International and BT Property) and I received $32.55 (from CFS Global Resources which was automatically reinvested). Her last distribution was $205.17 in June when she had far fewer units. I received $4,500 just from the Global Resources Fund back then. I'm not expecting much in the way of distributions any time soon due to all the capital losses the funds have received.

No comments: