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Equity Trustees Limited, the Responsible Entity for the Hejaz High Income Active ETF (ASX:HJHI), has announced the Distribution Reinvestment Plan (DRP) price for the distribution period ending 30 June 2026 at $1.0743 per unit. Released on 15 July 2026, this price determines the rate at which eligible unitholders’ distributions will be reinvested to acquire additional units in the fund. Investors participating in the DRP will receive new units calculated using this price instead of a cash distribution. This update is important for unitholders who have opted to reinvest their income rather than receive cash payments directly.
Key Highlights
- Hejaz High Income Active ETF (ASX:HJHI) with Equity Trustees Limited as Responsible Entity
- DRP price for the period ended 30 June 2026 confirmed at $1.0743 per unit
- Announcement dated 15 July 2026 authorized by Equity Trustees Director Andrew Godfrey
- Participating investors should use the $1.0743 price to calculate reinvested unit allocations for this distribution period
Equity Trustees Confirms $1.0743 DRP Price for HJHI June 2026 Distribution
Equity Trustees Limited has set the Distribution Reinvestment Plan price for the Hejaz High Income Active ETF (HJHI) for the distribution period ended 30 June 2026 at $1.0743 per unit. This price will be used to convert distributions into additional units for investors enrolled in the DRP instead of paying out cash. The announcement follows a prior update detailing the June 2026 distribution specifics.
The confirmation was authorized by Andrew Godfrey, Director of Equity Trustees Limited, which holds Australian Financial Services Licence (AFSL 240975) and acts as the fund’s Responsible Entity. Equity Trustees is responsible for the fund’s compliance, operations, and disclosure obligations. Unitholders with questions about the DRP or their participation status are encouraged to contact Hejaz Financial Services at +61 1300 043 529 or via email at [email protected].
Understanding the Hejaz High Income Active ETF and Its ASX Listing
Trading on the Australian Securities Exchange under ticker HJHI, the Hejaz High Income Active ETF is actively managed by Hejaz Financial Services, with Equity Trustees Limited serving as Responsible Entity. The fund aims to generate income for investors, reflected in its "High Income" branding. Periodic distributions are paid to unitholders, and the DRP provides an option to reinvest those distributions to compound returns over time.
Hejaz Financial Services specializes in Islamic finance and ethical investing, offering Shariah-compliant financial products. This positions HJHI uniquely within the Australian ETF market, targeting investors seeking income-focused, Shariah-compliant strategies. Unlike passive ETFs, HJHI’s portfolio is actively managed, with investment decisions made by Hejaz Financial Services rather than tracking an index.
How the DRP Functions for HJHI Investors
The Distribution Reinvestment Plan allows eligible unitholders to reinvest cash distributions into new fund units automatically. Instead of receiving cash, participants receive additional units priced at the DRP rate. For the June 2026 period, this price is $1.0743 per unit. The number of units allocated equals the total distribution divided by this DRP price.
This mechanism enables long-term investors to grow their holdings without incurring transaction fees associated with market purchases. For income-focused ETFs like HJHI, the DRP is a valuable tool to enhance total returns through reinvestment. Unitholders unsure of their DRP status or wishing to modify participation are advised to contact Hejaz Financial Services using the provided contact details.
Equity Trustees Limited’s Role as Responsible Entity
Equity Trustees Limited acts as the Responsible Entity for the Hejaz High Income Active ETF, holding an AFSL (240975) and managing the fund’s regulatory compliance under Australian law. The Responsible Entity is legally accountable for the fund’s operations, product disclosure, and timely market announcements.
In this update, Equity Trustees formally communicated the DRP price to the ASX and unitholders. Director Andrew Godfrey authorized the announcement. This structure separates fiduciary and regulatory responsibilities (held by Equity Trustees) from investment management (provided by Hejaz Financial Services), a common arrangement in the Australian managed funds industry.
Context and Timing of the June 2026 DRP Price Announcement
The DRP price corresponds to the distribution period ending 30 June 2026, coinciding with the Australian financial year-end, a key distribution period for many funds. The announcement on 15 July 2026 provides unitholders with the necessary information to understand their reinvestment terms before unit allocation under the DRP is processed.
Setting the DRP price is a critical administrative step allowing the fund to issue new units to participating investors. The $1.0743 price reflects the unit valuation for this transaction. The company did not disclose the total distribution per unit, total units to be issued under the DRP, or aggregate reinvested distribution value in this update.
Important Information for HJHI Unitholders Post-DRP Price Disclosure
Unitholders enrolled in the DRP should use the confirmed $1.0743 price to calculate the number of additional units they will receive for the June 2026 distribution. Those not participating and receiving cash distributions are unaffected by this announcement, although the DRP price offers insight into the fund’s unit valuation at distribution time.
Investors with questions about their DRP election or reinvestment process are encouraged to contact Hejaz Financial Services at +61 1300 043 529 or [email protected]. Keeping contact and payment details current with the fund administrator is essential to ensure distributions are processed correctly. No changes to the fund’s distribution policy or investment strategy were disclosed in this update.
Investor Considerations for Monitoring HJHI Distributions
Distribution and DRP announcements are routine yet important disclosures for HJHI, reflecting the fund’s income-oriented strategy. Tracking DRP prices over time can provide insights into unit value trends, though they do not alone represent full investment performance.
Investors should consider risks including variability in distribution levels due to portfolio income fluctuations, market conditions, and active management decisions by Hejaz Financial Services. The active management approach introduces manager risk alongside market risk. Reviewing the fund’s product disclosure statement and consulting licensed financial advisers is recommended before making investment decisions based on DRP or distribution information. The immediate market impact of this announcement was not evident from public data.
Contact Details for DRP and Distribution Inquiries
Equity Trustees Limited advises unitholders to direct any questions regarding distributions or the DRP to Hejaz Financial Services. Contact can be made via phone at +61 1300 043 529 or email at [email protected]. These channels provide support for queries about distribution entitlements, DRP enrollment status, unit allocations, and related administrative matters.
Proactively maintaining updated contact and payment information helps prevent errors such as misdirected distributions or missed DRP elections. It is advisable for unitholders to periodically review their preferences, especially around significant distribution periods like June 2026. The update contains no additional forward-looking statements or guidance beyond confirming the DRP price.
