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  1. #1
    Member
    Join Date
    Apr 2014
    Location
    Christchurch
    Posts
    103

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    Quote Originally Posted by heisenberg View Post
    Long term capital sum. Income not required whilst still working day to day. More of a nest egg for retirement.
    Don't all the smartshare funds reinvest dividends automatically?

    Thus the income is effectively capital growth.

  2. #2
    Guru
    Join Date
    May 2015
    Posts
    2,604

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    Quote Originally Posted by unhuman View Post
    Don't all the smartshare funds reinvest dividends automatically?
    Absolutely not, I receive a cash dividend from my ASF shares, although of course you have the option to reinvest automatically

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