Distributions in the Intelligent Investor Select Value Share Fund are generally made twice a year, but the Responsible Entity has the discretion to make them more or less frequently.

The distribution is a combination of income earned by the Fund, such as dividends received from shares and interest, less expenses incurred by the Fund, such as Management Costs, plus net capital gains made on the sale of shares or other investments held.

For further information about distributions, please refer to the relevant section in the fund's PDS.