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STI ETF Question Help Needed

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Old 10-06-2019, 12:15 PM   #1
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STI ETF Question Help Needed

Hi, my mom has a little bit of money left over after we have done other investments so this little bit of money instead of eroding in the bank, I would like to just park it into STI ETF in future when the price is right for us.

Not The Main Point: I do understand the management fee is about 0.30% NAV per year.

Main Point: Ok just want to be sure.

1) Is the "Distribution Per Unit"; THE NET MONEY that will go into my pocket?

OR

2) Is the "Distribution Per Unit" MINUS the 0.30% (Management Fee), THE NET MONEY that will go into my pocket?


Example For The Year 2018 As Below

DISTRIBUTION PER UNIT (Source: State Street SPDR)

1) 20 Feb 2018: $0.053
2) 21 Aug 2018: $0.06

Total: $0.113 per share per year

Last edited by Platinumstartvf; 10-06-2019 at 12:31 PM..
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Old 10-06-2019, 12:55 PM   #2
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1) Is the "Distribution Per Unit"; THE NET MONEY that will go into my pocket?

[
It is this one.
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Old 10-06-2019, 01:09 PM   #3
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Hi, my mom has a little bit of money left over after we have done other investments so this little bit of money instead of eroding in the bank, I would like to just park it into STI ETF in future when the price is right for us.


1) Is the "Distribution Per Unit"; THE NET MONEY that will go into my pocket?
The dividend is the net money that goes into your pocket.

The management fee doesnít get deducted from the dividend; the management fee gets deducted from the assets in the fund.
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Old 10-06-2019, 03:11 PM   #4
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Crystal clear. Thank you very much "bobobob" and "Shiny Things" :-)
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