View the entire Frequently Asked Questions (FAQs)
Do you offer a distribution reinvestment plan?
Some ETF issuers allow the unitholder to opt for a distribution reinvestment plan (DRP). Even if your QuietGrowth portfolio may comprise of such an ETF, we do not offer you the flexibility to opt for a distribution reinvestment plan for that ETF.
This arrangement is because we prefer the ETF issuers to deposit the distributions and dividends that you are entitled to, as cash to your portfolio. We attempt to use this incoming cash towards the rebalancing of your portfolio. We have adopted this portfolio management approach so that we can manage your portfolio better.
The dividend and distribution amounts that are paid by different ETF issuers are deposited in your cash account. We reinvest the dividend or distribution amounts towards the purchase of securities, after sufficient cash is accumulated in your portfolio to execute one or more buy trades. We will also attempt to ensure that the purchase of these securities is in line with the rebalancing considerations.
While purchasing these securities, we will attempt to ensure that it is in line with the rebalancing considerations.
Also read the answers to the related questions: