Australian (ASX) Stock Market Forum

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A few points on this - firstly, there is a known effect whereby share prices typically do not drop by as much as the dividend (known as the run up effect) which means that there may be some extra gains possible from here. Most importantly however, this fund is for people who actually want high income or dividends monthly, as well as can benefit from franking credits. If you are a growth oriented investor who is not wanting high income monthly then this fund may not be for you. As the name suggests, its a dividend harvester fund. Franking credits for the right investors are essentially 'free money' so an investment which doubles the amount of franking in the market can be very beneficial.


At the end of day, its all about your particular investment needs and circumstances


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