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 now
  • accumulation share class - reinvests that income to grow for the future

In the simplest terms, income shares are better suited to investors looking for an income while accumulation shares are more for investors seeking to grow their capital.

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