Before selling any fund shares at a loss, investors who use automatic dividend reinvestment should check with the fund to determine whether a distribution has occurred or will occur within the 61-day period.
However, with fund shares, taxpayers may not be aware that a purchase will occur within the 61-day period as a result of the automatic dividend reinvestment option.
Further, unless a stockholder elects otherwise, the mentioned distributions will be reinvested automatically in the fund's shares of common stock as provided in its automatic dividend reinvestment
The "Buy One Share" program is designed to help investors gain entry into automatic dividend reinvestment
Further, the shareholders of these monthly distributions can accumulate more shares in a fund via the automatic dividend reinvestment
plan, which when a fund's shares are trading at a premium, distributions will be automatically reinvested via the plan at NAV or 95% of the market price, whichever is greater; and if shares are trading at a discount, distributions will be reinvested at the market price through an open market purchase programme.
Common stockholders can reinvest these in additional common shares through the fund's automatic dividend reinvestment
plan and the plan administrator is DST Systems Inc.
Axxion S.A is the issuer of the fund, which is available in one of two forms: either with automatic dividend reinvestment
Jason James owned 10,000 shares in the Polar Fund and participated in its automatic dividend reinvestment
To find out if a particular company offers an automatic dividend reinvestment
plan and will allow you to buy directly from it, call the investor relations department.