Explaining the difference between income and accumulation units of funds
Thursday 27 Feb 2020 Author: Laura Suter
Share classes on funds can be confusing, but picking the right and wrong one can make a significant difference to your portfolio. Often investors will be faced with a confusing array of letters or acronyms after a fund name, which can look like alphabet soup but actually make a big difference to how much you’re charged, whether income is paid out or reinvested, and what currency the fund is...