Pearler Micro is a fund that invests in an underlying ETF on behalf of its investors.

You receive the benefit of any dividends or distributions paid by the underlying ETF because they are automatically re-invested back into the underlying ETF on your behalf.

What this means is that the number of units of the fund you own will not change, however, the value of those units will reflect the re-invested dividends.

For more details and important information on the Micro product, please check out the PDS and TMD.