InvestSMART Funds Management Ltd, as the responsible entity of the Fund, announces that Intelligent Investor Ethical Share Fund (Managed Fund) ("Fund") will pay an estimated distribution of $0.0145 per unit, for the half-year ending 30 June 2020. This estimate is subject to change depending on variables that include, but are not limited to, the number of units on issue at the Record Date and the realisation of any gains and losses. Ex-distribution Date is 29 June 2020 and Record Date is 30 June 2020. The distribution will be payable on 14 July 2020.