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Buying fund- ACC vs INC - charges
xyz123
Posts: 1,674 Forumite
hi i am aware of the difference between ACC and INC funds. If i choose ACC fund, the dividend is automatically put back in the fund. For this "top-up" do i get charged by share dealing platform as a "transaction" fee or is it automatically done by funds themselves?
I know fund manager charges will also go up but that i presume is due to total amount going up rather than any administrative charges for "top-up". pls correct me if i am wrong here. ta
I know fund manager charges will also go up but that i presume is due to total amount going up rather than any administrative charges for "top-up". pls correct me if i am wrong here. ta
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Comments
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It is internal to the fund.0
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That's correct you don't have to worry about it, it's reflected in the price, compare the prices of the two and you will normally see a difference.0
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