What happens during each Payout Cycle?

Payouts are determined based on the number of units you own on the Ex-Dividend Date of the payout cycle.

To own the units on the Ex-Dividend Date, the buy order must be submitted before the cut-off time (i.e. 3:00pm for Mari Invest Income) on the respective Record Date of each payout cycle.

Correspondingly, any sell orders submitted before the cut-off time on Record Date will also reduce the units eligible for payout.

When is the next Payout Date and how can I estimate the expected payout amount?

When you make a buy order, the estimated payout amount and next payout date are shown to you in the MariBank app.

The expected payout amount is also updated in the My Holdings page in the MariBank app.

To understand Payouts and how they are calculated, read here.

Payouts are not guaranteed and will be reviewed periodically by the fund manager. Historical payouts are not indicative of future payouts. Payouts may be made out of either income and/or capital of the Fund. Historical performance of the fund or the fund manager, is not indicative of future performance of the fund or the fund manager. Returns may vary and are not guaranteed.