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Switching from distributing to accumulating fund ISA

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Comments

  • Beddie
    Beddie Posts: 1,057 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Sell and buy - so that'll cost you £20 all told. So, if it's bothering you, just do it.

    Or... leave it as it is and when some cash has built up reinvest it - £5 each time.

    I'd do the former, but you do you!
  • LHW99
    LHW99 Posts: 5,639 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    With inc funds, you do also have the option of not re-investing dividends in the original fund, but using them to add to something else instead (eg a small cos tracker, if you use a MSCI World) or for rebalancing between equity and bonds etc.
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