artemis income fund

rexel

what is the difference in a artemis accumclator income fund and fund and a artemis distribution fund

DRS1

The distribution one gives you the income and the accumulator keeps it and reinvests it. So the price of the units will be higher for the accumulator than for the distributor.

dunstonh

I cannot see either funds on the list. Can you give the full fund names please?

TheSandman

http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=8AI&univ=U

This one I think.

rexel

artemis income acc fund class accumlation

rexel

dunstonh wrote: »

I cannot see either funds on the list. Can you give the full fund names please?

artemis income fund class r accumlation/artemis income fund class r distribution

dunstonh

That is the same fund but has different versions available depending on distribution channel and whether you want income units or accumulation units.

Class R is the retail share class. This is a bundled pricing that includes commissions to the distributor/retailer. costs 1.55% TER.
Class I is the clean share class. This has no commissions to the distributor/retailer. Costs 0.80% TER.

Inc units pay the distributions out (either direct to you or into the cash account of the platform/wrap or to buy more units depending on what you select). Acc units keep the income within the fund with their value reflected in the unit price.