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Originally Posted by heisenberg
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.
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Originally Posted by unhuman
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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