daft stocks and shares question

downshifted

We have had various isa wrapped funds for several years and I am reviewing them. Although we have never taken any income, the number of units or shares have not increased......so what happened to the dividends/growth?

I can't believe I don't know this - but I don't!

saintalan

Normally you elect to have them reinvested or kept in cash within the ISA for you to reinvest.

I am with Halifax and my dividends are clearly shown and added to the cash element of the ISA.

Cheers

Alan

downshifted

Thank you - It looks like I am going to have to call the providers as there is no sign on my statements!

grey_gym_sock

do you have accumulation units (as opposed to income units)? accumulation units will automatically reinvest the income, but the price of the units rises to reflect this, instead of buying more units. for most funds, a choice of accumulation and income units is available.

downshifted

Oh yes - they are accumulation units. So the rise in the price of units takes account of reinvestment as well as growth??

grey_gym_sock

yup, that's it.