STI ETF Question Help Needed

[Platinumstartvf]

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

 

[bobobob]

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

[

It is this one.

 

[Shiny Things]

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 doesn’t get deducted from the dividend; the management fee gets deducted from the assets in the fund.

 

[Platinumstartvf]

Crystal clear. Thank you very much "bobobob" and "Shiny Things"