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What is automatic reinvestment?

automatic Reinvestment
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What is automatic reinvestment?

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Automatic reinvestment is where we use the income payments to buy more units or shares in the stock from which the income has derived. If you hold Unit Trusts or OEICs, this will be when they reach £50 per holding. You can only choose one income instruction across all holdings in your Vantage Fund Account.

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Automatic reinvestment is the option to reinvest your mutual fund dividends and capital gains distributions in more fund shares automatically and free of charge. This approach can be a smart way to build your mutual fund portfolio.

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