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HSBC FTSE 250 Inc vs Acc?
moneywow1
Posts: 156 Forumite
Is there a major difference between these two?
Let's say I take any income from the Inc fund, and invest it straight back in, would it be identical to the Acc fund?
Let's say I take any income from the Inc fund, and invest it straight back in, would it be identical to the Acc fund?
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Comments
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Is there a major difference between these two?
One distributes dividends. The other reinvests internally. Thats effectively it
yes.Let's say I take any income from the Inc fund, and invest it straight back in, would it be identical to the Acc fund?
However, a small number of platforms may charge for reinvesting dividends. If yours does, consider moving platform to a better one.0
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