The value of your investment can go up or down, and you may get back less than you invested. Nothing in this article is investment, tax or legal advice. |
If you hold an Income (Inc) share class, cash income is usually paid into your account after the fund's distribution date. In some cases, the fund manager may reinvest it into additional units instead.
If you hold an Accumulation (Acc) share class, income isn't paid out; it's automatically reflected in a higher NAV instead.
Mutual funds are available to UK residents only and are being rolled out gradually, so they may not be available to you yet. If you're eligible but don't have access yet, you can join the waitlist in the app and we'll let you know when access becomes available to you.
When are distributions paid?
This depends on the fund's distribution policy. For example, a fund may pay distributions monthly, quarterly or annually.
Will I be taxed on fund income?
This depends on your personal tax position and local rules. Outside a tax-free wrapper such as an ISA or SIPP, fund income is usually treated as taxable income. We don't provide tax advice. If you're unsure, you may want to speak to a qualified tax adviser.
See also: How do mutual fund distributions appear in my account and statements? and What is a mutual fund distribution?