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Sunday, January 31, 2016

JFT Strategies Fund (JFS.UN): where are my dividends from the January 15 special distribution???!!!

It was a released to see the TSX going back to almost 13 000 points. My non-registered portfolio almost closed at 125k. It actually closed at $123 656.42. The stock markets are playing with investor nerves. Its not a good financial environment. Its disgusting. And when I read articles like this one, it make me laugh. Life is getting more and more expensive, you can't never save ENOUGH money. It wasn't long ago when I saw cauliflower at $10 each... At that price, you better buy frozen ones. In my hometown in New Brunswick, grocery can get really expensive.

I am very very disappointed, I didn't received yet any dividend distribution for my JFT Strategies Fund (JFS.UN) units. I should had received my dividend on January 15, $0.811 per units. I call TD Waterhouse to find out what was going on. As you know, I book a trip to Cuba and I especially need my money now. 

See, this is the reason why you always need to always check on EVERYTHING. I like to note in my agenda my upcoming distribution date. Because distribution date = fresh new cash to pay for my diet pills, makeup, anti-cellulite cream and so on. :-)

I just hang up the phone with TD Waterhouse - which is no longer TD Waterhouse, but I found that name much more elegant than just a boring TD Direct. The broker create a ticket and I need to call back in 2 business days to find out what's going on. This is the first time that I am not receiving expected payment. So I wonder if its not a problem going from JFS.UN, who suddenly decided to keep the money in their pockets. I had received some JFS.UN special distribution in the past, but not this year. I am upset. And all that for a bit more than $230... What can I say? I want my every pennies. That amount is actually paying a part of my Cuba trip, so sexy keep running for money wherever it can be found.

I will of course keep you update regarding the situation with JFT Strategies Fund (JFS.UN).

The only condition to received JFS.UN special distribution was to be holder of units since December 31, 2015.

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