What is the difference between income and accumulation share classes?

There are 2 main types of share class: 'income' and 'accumulation':

income share class - pays you a regular income
accumulation share class - reinvests that income to grow for the future

In the simplest terms, income shares are for investors who want any profits paid to them directly as cash. While accumulation is for investors seeking to grow their capital by reinvesting the profits in the fund.

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