finance55 on Nostr: Income (INC) vs Accumulation (ACC) funds? If you want to withdraw dividends/interest ...

Income (INC) vs Accumulation (ACC) funds?

If you want to withdraw dividends/interest to provide an #INCOME then income funds will allow you to do this

If you want to reinvest any dividends/interest then accumulation funds do this for you - this will give you ‘compound interest’