Are reported dividends inclusive of franking credits and management fees?

Discussion in 'Shares & Funds' started by jaybean, 11th May, 2021.

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  1. jaybean

    jaybean Well-Known Member

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    So in this example below, is it correct to say it includes the management fee, but the franking credits are separate?

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    jaybean, 11th May, 2021
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  2. SatayKing

    SatayKing Well-Known Member

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    No, the management fee is taken from the Net tangible Assets of the fund not from the distribution or from franking credits.

    While it is a fair bit to wade through, you may want to have a read of the various aspects Vanguard has made available.

    Investment products | Vanguard Australia Personal Investor
     
    SatayKing, 11th May, 2021
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  3. RogTheBear

    RogTheBear Well-Known Member

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    What's in the Franking column is the franking level, not franking credits, per se...
     
    RogTheBear, 18th May, 2021
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  4. Mark F

    Mark F Well-Known Member

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    Usually the dividend reported in the financial press does not include any franking credit amount as not all investors can claim the franking credit back from the ato. Other people may add them in to strengthen their argument when making a case.
     
    Mark F, 18th May, 2021
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