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artemis income fund

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

Comments

  • DRS1
    DRS1 Posts: 1,184 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    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
    dunstonh Posts: 119,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I cannot see either funds on the list. Can you give the full fund names please?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • rexel
    rexel Posts: 602 Forumite
    Part of the Furniture 100 Posts
    artemis income acc fund class accumlation
  • rexel
    rexel Posts: 602 Forumite
    Part of the Furniture 100 Posts
    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
    dunstonh Posts: 119,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    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.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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