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This is dependent on your instructions for dividends for your account. You can edit your account’s dividend instructions by going to Settings >> Account Details.

The options for dividend instructions include:

Cash: Client will receive their dividends paid out in cash

Reinvest: Client will receive their dividends paid out in additional units of the same Unit Trust.

By default, all dividends are re-invested.

However, there will be scenarios where your dividends are insufficient to be re-invested or re-investment is not supported. Such dividends will be credited as cash into your Digital Adviser account.

For dividends that are given in currencies other than SGD, they will be converted back into SGD.

  • The platform charge (0.3% p.a.) is waived till 31 December 2021. Please refer to the Terms and Conditions governing the UOBAM Invest promotion and eligibility criteria.