Faircourt Asset Management Inc. Announces Monthly Distribution
![Faircourt Asset Management Inc. Announces Monthly Distribution](https://investorshangout.com/images/blog/investors-hangout-newswire.jpg)
Faircourt Asset Management Inc. Announces Monthly Distribution
Faircourt Asset Management Inc., as Manager of the Faircourt Fund (NEO:FGX), is pleased to announce the monthly distribution payable on the shares of the fund. This announcement marks an important update for shareholders interested in the financial performance and payouts of the Faircourt Gold Income Corp.
Details of the Distribution
The following are key details related to the distribution:
- Fund: Faircourt Gold Income Corp.
- Trading Symbol: FGX
- Distribution Amount: $0.024 per share/unit
- Ex-Dividend Date: August 30
- Record Date: August 30
- Payable Date: September 16
Role of Faircourt Asset Management
Faircourt Asset Management Inc. acts as the Investment Advisor for Faircourt Gold Income Corp. This role includes managing the investment objectives and strategies for the fund to maximize returns for investors.
Understanding Fund Distributions
Fund distributions represent a portion of the earnings distributed to shareholders typically on a regular basis. It is crucial for investors to understand how these distributions are calculated and the factors that can influence their amounts.
Importance of Monitoring Fees
Investors should be aware of brokerage fees associated when purchasing or selling shares of the Fund on the NEO Exchange or other alternative Canadian trading systems. Brokerage fees can impact the overall return on investment, either by increasing costs when buying or reducing proceeds when selling shares.
Investment Fund Considerations
There are several factors to consider when investing in unit shares of an investment fund like the Faircourt Gold Income Corp. Investment funds are subject to various fees and expenses which can affect performance. It is essential for investors to review disclosure documents which contain critical information about the fund before making investment decisions.
Public Filings and Performance
Investors can access more detailed information about the Faircourt Gold Income Corp. through public filings available at designated regulatory websites. These documents provide insights into the fund’s operations, performance history, and strategic direction.
Frequently Asked Questions
What is the Faircourt Fund?
The Faircourt Fund is managed by Faircourt Asset Management Inc., focusing on generating distribution through investments.
How much is the monthly distribution for FGX?
The monthly distribution for Faircourt Gold Income Corp. (FGX) is $0.024 per share/unit.
When will the distribution be payable?
The payable date for the distribution is September 16.
What is the importance of ex-dividend and record dates?
The ex-dividend date is crucial for determining eligibility for the distribution, while the record date identifies which shareholders are entitled to receive the distribution.
How can I contact Faircourt Asset Management Inc. for more information?
For further information, you can reach out via their contact number at 1-800-831-0304.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Related Articles
- Canadian Premium Sand Inc. Extends Warrants Expiry Date
- Celularity Inc. Faces Nasdaq Compliance Challenge
- Cellectar Announces Restatement of Financial Statements
- Cingulate Inc. Adjourns Special Meeting to Enhance Stockholder Voting
- Fulcrum Therapeutics Announces Stock Option Grants
- Draganfly Announces Share Consolidation Details
- Tempest Therapeutics Announces Stock Options Inducement Grant
- Prestige Wealth Inc. Expands with Wealth AI Acquisition
- Auction of High-Value Energy Equipment Assets
- Sotherly Hotels Inc. Faces Nasdaq Compliance Challenge