At the end of each financial year, ETFs often pay distributions. For every distribution, investors can choose to receive cash payment or reinvest the distribution and receive new ETF units.
Those wishing to reinvest the distributions are required to sign up to the distribution reinvestment plan (DRP) on Computershare’s website. Below is a step-by-step guide. Those wanting more information can always call us on (02) 8311 3488.
Step 1: Go to: https://www.computershare.com/au
Step 2: Select “Login to Investor Centre”
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Step 3: Select "Login"
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Step 4: Enter your User ID
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Step 5: Answer the security question
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Step 6: Enter your password
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Step 7: Select "Yes" or "No" to the following question:
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Step 8: Select "My Profile"
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Step 9: Then, select "Reinvestment Plans" from the menu
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