Sunday, February 14, 2010

Distribution Reinvestment Plan (DRP)

Distribution Reinvestment Plan (DRP) is the new term I learnt today. DRP provides the option to elect to receive new units (DRP Units) in lieu of the cash amount of any distributions (cash dividends), declared in respect of all holdings of units which are deposited with Central Depository Pte Limited (CDP).

Only when you manage your own investment will you gain new knowledge.

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