Once your money is in a fund, it can provide you with earnings in three ways. At Godmind, The Registered advisor is responsible to assist you in the redemption/ withdrawal process.
Dividends
If the fund receives dividends from shares, interest from bonds, or other investment income, it distributes those earnings to shareholders as a dividend according to the terms outlined in its prospectus. Depending on the fund, these distributions may occur monthly, quarterly or annually. You can choose to have the fund automatically reinvest the distribution in more fund schemes or you can have the money sent directly to you.
Capital gain distributions
Every time the fund manager sells securities at a profit, the fund earns capital gains. Funds are required to distribute these gains to the shareholders at regular intervals, typically once or twice a year. You can choose to have the fund automatically reinvest the distribution in more fund schemes or you can have the money sent directly to you.
