Div DCA Schedule
// Notes on Div DCA Schedule for Income Funds //
Ledger Table (Fund / Qty / APP / Tar Qty / Rem / DCA Qty / Est. Cost)
PP Lots Table (Fund / Qty / PP / Purchase Date)
DFC Table (Fund / Qty / DPS / CP (DY) / Div / FC / DFC% / Ex-Div / Status)
Cycle Trigger Table (Cycle # / Trigger (Pre-Post Ex) / Buy Qty / Acc Qty / Rem / APP / Est. Cost / Status)
Target Qty Per Cycle Table (Cycle # / Tar Qty / Div / FC)
// Additional Notes //
As we prepare for the Budget Reform 26–27 CGT changes, this reform will materially affect our taxable‑account trading strategy, requiring adjustments to align with the new CGT implications. While the reform does not impact Super, our taxable account represents 25% of our Super balance, and we use it to monitor risk exposure and market‑volatility behaviour across our broader portfolio.
To minimise CGT‑triggering events, our approach is to reduce trading frequency and rely on dividends and franking credits for income‑fund allocations, while ETFs remain positioned for growth. Any realised CGT gains will be offset using our CFL (carry‑forward losses). Under current rules, “Capital losses can be carried forward indefinitely until you have a capital gain to offset.”
This was intentionally built into our tax‑loss‑harvesting framework, and using CFL to neutralise the 30% CGT rate introduced under the Budget Reform remains an effective tax‑efficiency strategy. Since dividends and franking credits contribute only to assessable income and do not fall under CGT, franking credits will continue to offset tax payable on assessable income once our CFL has been fully utilised.
// Income Funds //
For Banks, will be WBC, NAB, and ANZ. We’ve removed CBA due to low DY% and volatility spreads. Each of the banks are currently set to Tar 25K. Our initial Divs Target is at 500/divs After every ex-div, our target is +50. Using WBC as our example, initial target is Qty 650. Every DCA Buys are +65 Qty, giving us +50/divs. We’ll continue to DCA our purchases so long as CP < TAPP. We’ll update for NAB and ANZ once their CPs are closer to their TAPPs. Same for RIO and BHP.
