If you have money in an annuity that is invested in a Mutual Fund and you don't receive dividend distributions because it is in an annuity account, how does the dividend distributions of the invested stocks in that Mutual Fund get put back into the annuity account in that Mutual Fund? Is it done on a monthy basis, a yearly basis, a quarterly basis or is it done at the time of a stock's dividend distribution whether it be monthly or quarterly? So once an individual stock declares a dividend and the Mutual Fund has that as an investment with x amount of shares and so much a share, then is that money then distributed to the Mutual Fund holders immediately per customer account by % holdings in that Mutual Fund at that time?
2007-02-02
09:38:40
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4 answers
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asked by
Anonymous