Distribution, quarterly

Investment funds usually distribute their income to investors once a year. This distribution takes place no later than four months after the end of the fund's financial year.

However, some funds offer quarterly distributions. In this case, the investment company (KAG) makes four distributions per year and thus pays out money to investors on a regular basis.

The amount of the individual distributions is determined by the KAG and may vary from year to year. The payout may be based on the income generated by the fund, but it may also be made in whole or in part from the fund's assets (substance).

On the distribution date (ex-date), the calculated value (share price) of the fund falls by the amount of the distribution. The amount or frequency of the distribution is not a quality feature and does not allow any conclusions to be drawn about the quality of the fund or its management.