September Distribution Update from Faircourt Asset Management
Toronto – Faircourt Asset Management Inc., managing the Faircourt Fund (CBOE: FGX), has exciting news to share about their monthly distributions. This update is crucial for investors who are looking for opportunities in the market.
Distribution Breakdown for Faircourt Funds
The distribution consists of several key components, designed to inform shareholders about the upcoming payments related to their investments. Below is a detailed overview of the distribution amounts, trading symbols, and important dates associated with the Faircourt Gold Income Corp.
Fund Overview
Faircourt Funds: Faircourt Gold Income Corp.
Trading Symbol: FGX
Distribution Amount (per share/unit): $0.024
Key Dates
Ex-Dividend Date: Investors will need to be mindful that September 29 is the ex-dividend date for the distribution.
Record Date: Shareholders are required to hold their shares by September 30 to be eligible for this distribution.
Payable Date: The funds will be distributed to shareholders on October 15.
Investment Insights
Faircourt Asset Management Inc. serves as the Investment Advisor for Faircourt Gold Income Corp. As an advisor, they ensure that diligent strategies are employed to manage resources for benefiting their investors.
Investors should be aware that purchasing or selling shares of the fund on the CBOE Canada Exchange or alternative trading systems may incur brokerage fees. These transactions could result in purchasing shares at prices above their current net asset value or selling them at lower values.
Important Considerations for Investors
Ongoing fees and expenses are associated with owning units of the investment fund. It is imperative for all investors to review the necessary disclosure documents that provide key insights about the fund and its performance. Detailed public filings are accessible for a deeper understanding of the fund's standing.
Investment funds like those managed by Faircourt are subject to market fluctuations, meaning that their values can change frequently. It is essential for investors to recognize that while past performance is indicative, it does not guarantee future results.
Contact Information
For those looking for further clarification or details regarding the Faircourt Funds, they can visit the official website, or reach out directly via phone at 1-800-831-0304.
Frequently Asked Questions
What is the distribution amount for Faircourt Gold Income Corp.?
The distribution amount per share/unit for Faircourt Gold Income Corp. is $0.024.
When will the distribution be payable to shareholders?
The distribution will be payable on October 15.
What is the ex-dividend date for this distribution?
The ex-dividend date is set for September 29.
How can I find more information about the Faircourt Funds?
Investors can visit the official Faircourt Asset Management website for more details on the funds.
What should I consider when investing in Faircourt Funds?
Be aware of the ongoing fees, potential brokerage costs, and the fluctuating nature of investment fund values.
