Do the AJ Bell Passive funds pay out income?
No, they don’t. The AJ Bell Passive funds are designed to provide long-term growth for the investor. They only offer accumulation shares – meaning any income produced by the funds’ underlying assets is reinvested into the funds and is factored into the daily published price.
For more information on types of share classes in funds, have a read of our FAQ: What is the difference between income and accumulation units?’