Investors Eye DRP Uptake as Seed Financial Income Fund Declares Distribution
Evolution Trustees Limited announces the final distribution for Seed Financial Income Fund Active ETF (ASX, SFIF) for the period ending 30 November 2025, including key dates and reinvestment plan details.
- Final distribution of $0.03377744 per unit declared
- Distribution Reinvestment Plan (DRP) issue price set at $10.7148
- 5.44% of the distribution estimated to be franked
- Key dates, ex-distribution on 1 December, record date on 2 December, payment and DRP allotment on 12 December
- DRP elections must be received by 3 December
Final Distribution Announcement
Evolution Trustees Limited, acting as the responsible entity for the Seed Financial Income Fund Active ETF (ASX – SFIF), has confirmed the final distribution for the period ending 30 November 2025. Investors will receive a distribution of 3.38 cents per unit, reflecting the fund's ongoing commitment to delivering steady income streams to its unitholders.
Distribution Reinvestment Plan Details
The announcement also includes details of the Distribution Reinvestment Plan (DRP), which remains operational for this period. The DRP issue price is set at $10.7148 per unit, providing an opportunity for investors to reinvest their distributions back into the fund at a price close to the current market value. This option can be particularly attractive for those seeking to compound their investment without incurring brokerage fees.
Timetable and Eligibility
Key dates for investors to note include the ex-distribution date on 1 December 2025 and the record date on 2 December 2025. To qualify for the distribution, investors must hold units before the ex-distribution date and be registered on the fund’s register by the record date. The DRP election deadline is 3 December 2025, with the distribution payment and DRP allotment scheduled for 12 December 2025.
Franking and Investor Considerations
The distribution is estimated to be 5.44% franked, offering a modest tax credit benefit to eligible Australian investors. Unitholders are encouraged to ensure their bank account details are up to date with the fund’s registrar, Apex Group, to facilitate prompt payment. Those who have not nominated a payment method will be automatically enrolled in the DRP.
Looking Ahead
While the announcement does not provide forward guidance or strategic updates, it reinforces the fund’s steady income focus and operational transparency. Investors will be watching closely to see how the market responds to the distribution and whether uptake of the DRP influences unit price dynamics in the coming weeks.
Bottom Line?
As distribution payments roll out, investor participation in the DRP could shape the fund’s capital structure and market performance.
Questions in the middle?
- What proportion of investors will opt into the DRP this period?
- How might the modest franking level impact investor demand?
- Will the unit price adjust significantly following the distribution payment?
