How Titan Processes Dividends
We partner with our clearing firm - Apex Clearing - to process your dividends automatically. Cash dividends will be credited as cash to your account by default, and then reinvested into your Titan portfolio as explained below.
Dividends paid out by each Titan security are reinvested for you, into the corresponding Titan strategy's portfolio in your account when the strategy's subsequent portfolio update occurs (typically quarterly) in a roughly equal-weighted fashion across the strategy's holdings.
Dividends are not immediately re-invested in the corresponding Titan strategy or in the dividend-issuing security. Instead, this reinvestment happens at the subsequent portfolio update date for each strategy, for all dividends issued by the strategy's component holdings during the period since the prior portfolio update.
We hope to offer an immediate automatic dividend reinvestment program at some point in the future.
If you have any questions regarding dividends, feel free to reach out to us at firstname.lastname@example.org.