Income funds are set up so that when income is earned the fund manager will pay that income out to the investor in the form of a cash payment. Alternatively, the investor can choose to buy more units with that income.
Accumulation funds automatically reinvests all income earned back into the fund. This is usually reflected in an increase in the price of the fund.
Any funds you invest in via our site will be held on Cofunds' platform. If you would prefer for your funds to be held on Fidelity's FundsNetwork platform, please click here. For more information, please call the TQ Invest Team on 0800 294 7221.