The schedule for the dividends in XACT F Euro, XACT F Sweden, XACT OMXS30, XACT OMXSB and XACT Nordic30 is as follows:
June 2009 June 4, The details of the dividends are made public June 5, Last day to trade fund units including the right to receive dividend June 8, Ex-dividend - the fund units are traded ex dividend June 15, Payment day XACT F Sweden, XACT OMXS30 and XACT OMXSB June 17, Payment day XACT F Euro and XACT Nordic30 To receive a dividend you must own fund units when the market closes on the 5th June 2009. The last day to buy fund units and still receive a dividend is hence the 5th June. You can then sell your fund units the following day, you will still receive dividend. If you don’t wish to receive a dividend you must sell your fund units by the 5th June 2009. You can then buy fund units again the following day (6 June) without receiving a dividend. Why do the funds pay dividends? As most other Swedish funds, the funds pay a dividend to avoid double taxation. What happens on the ex day? All else being equal, the price of a fund unit will decrease with the exact same amount as the dividend per fund unit. Why can’t you provide a dividend forecast? The size of the dividend is decided by the funds taxable result. The dividend is split between the numbers of outstanding units. Since the funds size, i.e. the number of fund units, that the dividend will be split between will change daily, a forecast can not be done.