Hello,
I curently invest in L & G trackers - the UK and the Europeans. Am I right in assuming these trackers do not benefit from dividends the companies represented in the trackers pay? Are there any trackers that do?
Thanks
Ray
Hello,
I curently invest in L & G trackers - the UK and the Europeans. Am I right in assuming these trackers do not benefit from dividends the companies represented in the trackers pay? Are there any trackers that do?
Thanks
Ray
I would assume that the dividends are reinvested by the fund.
iShares e.g.
The accumulation versions of these funds do indeed reinvest the dividends by buying more units. However they do send you note twice a year saying how much the dividend was. You need this for your tax return since the dividends are taxed as income.but the capital growth is taxed as a capital gain when you sell.
L+G's fees are, I believe, very low, especially for the UK trackers.
Robert
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