Into the second month of the Income fund management

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Dear all, 

With the dividends received in January, I was told that it will take about a month to register my interest to increase my investment by $1,200. By the time, I was given the clearance to make payment, easily a month is over. But I guess that I have no choice given how the dividends all came in at different time period. Unless based on the declaration, I make a move to reinvest these dividends back to their pots. Of course, I can choose the reinvestment option instead of giving cash dividend but I would not be able to know how much dividends I am given. 

At this point, I will wait and see how I could push for the reinvestment in a more efficient manner. 

 


As the FTX settlement against the clients coming to a close soon (A surprise to me as I thought I could never see the amount again), as a client of FTX, me too are able to get my hands on the settlement. While it is about $2K plus USD, I am still glad to get my hands on these assets. My original plan was to liquidate them, transfer the amount from USD back to SGD. I would like to reinvest this amount into the Pimco Income Fund (which the total investment is lagging behind the other 2 income funds.

For some reasons, one of my long term holding share Econ Health was said to be on the verge of being privatize from listing. This meant that I will have a couple of hundreds to be relocated back to Pimco Income fund.

In short, the consolidation effort seems to be more intensive when compare to before, We will eventually see the total amount invested into Pimco Investment Fund to catch up with the rest of the two Greatlink funds.  

 P.s. Not a financial advice. Please treat this as the rambling of an middle age uncle.

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