When do the two AJ Bell income funds pay out income?
The two AJ Bell funds designed for income offer two types of units: ‘income’ and ‘accumulation’. If you choose to buy ‘income’ units, we’ll pay the income to you monthly – with the amount varying from month to month, depending on the dividends the fund has generated.
If you choose to buy ‘accumulation’ units, the income generated by the fund will be reinvested in the fund itself, rather than paid out to you. This raises the price of each unit, increasing the value of your investment.
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?