Unit Trust Dividend Investment (Failed)

Results: Half Failed
Note: After going through the historical records, after dividends payout, the fund price will reduce to similar amount also.
[Updated 5 Apr 2010] Note: Except for this Bond: Ftif-templeton Glb Bond A(Mdis) Sgd
Do you know that some unit trust gives out dividends?

Their dividends is quite fixed and you can actualy 'predict' their next dividend payment. Because of this, you can actually make a quick profit.

Previously the profit is not much because of the switching limitation; where extra charges will be incurred.
Now that FSM has no-limit switching, we can actually switch to the dividend paying funds just before the ex-Date and switch back out on the ex-Date itself.

E.g. Fund A declares Dividend ex-Date 1st october 2009 (Thursday).
You need to purchase the fund before 1 October, i.e. you funds must be transacted on or before 30 September 2009 (Wednesday).

For cash purchase it'll usually takes T+1 day and for switching it'll take T+2 days.

Purchase (T+1 day)
If I want to buy Fund A to enjoy the dividend, I will have to place an order, including transfer of funds before the cut-off time (3pm for FSM), on or before the 29 September (Tuesday).
So that my transaction date will be on 30 September 2009 (T+1).

Switching (T+2 days)
So if I want to switch my Fund B to Fund A to enjoy the dividend, then I have to switch my fund latest by 28 September 2009 (Monday).
So that my transaction date will be on 30 September 2009 (T+2).

For the month of January, I will recommend to switch your funds to:
1) 2 January: AllianzGI RCM Glb High Payout(SGD): Avg Dividend 4.24%
Risk 8; Minimum $1000; CPF, SRS; 2% Sales Charge

2) 2 January: Schroder Emerging Markets Bond Fd: Avg Dividend 2.97%
Risk 5; Minimum $1000; SRS; 1% Sales Charge

On 2nd January, you can switch all your funds back to your normal allocation.

Finally managed to compiled the list of all the funds that I think it's worth investing.

Fund Name	Risk	Chrg	Initial	Dvd %	2009	CPFOA
January
AllianzGI RCM Glb High Payout(SGD)	8	2%	1000	4.32%	2 - 15 Jan	Y
First State Glb Infrastr	9	2%	1000	3.10%	2 - 15 Jan	N
Schroder Emerging Markets Bond Fd	5	1%	1000	3.08%	2 - 30 Jan	N
Schroder Asian Bond Fund	4	1%	1000	2.33%	2 - 30 Jan	N
February
AllianzGI Choice Eq SGD	6	2%	1000	7.47%	25Feb - 10Mar	N
PRU Mthly Income Plan Cl A (fixed 0.05)	4	1%	1000	6.46%	1 - 10 Feb	N
March
LionGlobal Multi Income	6	2%	5000	4.95%	2 - 23 Mar	N
April
DBS Glb Prop Securities Fd (fixed 0.015)	8	2%	5000	3.16%	1 - 21 Apr	Y
Schroder Global High Yield Fund (fx 0.0125)	4	1%	1000	1.76%	1 - 17 Apr	N
May
First State Bridge	6	2%	1000	1.41%	1 - 21 May	Y
June
PRU Income X	6	2%	1000	7.39%	1 - 15 Jun	N
SGAM Spore Dividend Growth (fx 0.025)	8	2%	1000	1.86%	1 - 19 Jun	Y
July
AllianzGI RCM Glb High Payout(SGD)	8	2%	1000	4.16%	1 - 14 Jul	Y
HGIF EUR Eq SGD PD (since 2007)	8	2%	1000	3.34%	17 - 31 Jul	N
First State Glb Infrastr	9	2%	1000	3.15%	1 - 14 Jul	N
Schroder Emerging Markets Bond Fd	5	1%	1000	2.87%	1 - 16 Jul	N
Schroder Asian Bond Fund	4	1%	1000	2.39%	1 - 16 Jul	N
August
Fidelity EmerMktDebt A-SGD	5	1%	1000	5.87%	1 - 17 Aug	N
Fidelity EUR Agg A-SGD	8	2%	1000	2.37%	1 - 17 Aug	Y
Fidelity ASEAN A-SGD	9	2%	1000	1.99%	1 - 17 Aug	N
September
LionGlobal Multi Income	6	2%	5000	2.86%	1 - 23 Sep	N
October
Henderson Asia-Pacific Prop Eq Fd (fx 0.02)	10	2%	1000	2.74%	21Oct - 10Nov	N
DBS Glb Prop Securities Fd (fixed 0.015)	8	2%	5000	2.54%	23 - 30 Oct	Y
Schroder Global High Yield Fund (fx 0.0125)	4	1%	1000	1.52%	1 - 16 Oct	N
November
LionGlobal Bond(Cl A)	2	1%	1000	2.59%	2 - 23 Nov	N
First State Bridge	6	2%	1000	1.51%	2 - 19 Nov	Y
December
First State Glb Prop Invt	9	2%	1000	4.07%	1 - 14 Dec	N
SGAM Spore Dividend Growth (fx 0.025)	8	2%	1000	1.52%	1 - 21 Dec	Y
Interim
DBS Shenton Income	2	1%	1000	1.63%		N
FTIF-Templeton Glb Bond A(mdis) SGD	2	1%	1000	0.40%	8 - 15 Jan	N
Lionglobal Singapore Balanced	5	2%	1000	-	-	Y
LionGlobal SGD Income Plus	5	2%	5000	0.97%		Y