Invest Made Easy
Kenanga Growth Fund drops -6.03% of NAV Price - Now I Know Why
Shane My
Publish date: Sat, 05 Jan 2013, 02:53 AM
Shane My
0 271
Like many of us, we seek for financial security and ultimately financial freedom. This blog is intended to act as a journal of investment as I journey towards that dream. At the same time, I hope that the articles written here would also benefit many others who share the same vision as me.
Blogger David Koay from Stocks Unleashed mentioned that the reason for the price drop of Kenanga Growth Fund's NAV is due to the issuance of dividend from them.
Well it takes an experienced investor like David to provide the answer and further confirmed from the Dividend Announcement section at Fundsupermart. (I believe you can only see the Dividend section only if you have registered an account with Fundsupermart)
A learning experience indeed and an additional 5.75% dividend reinvested back into Kenanga Growth Fund. Life is beautiful when you see positive growth.
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| Good things come in small amounts! |
Cheers!
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