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What are share classes?

Share classes are a further level of distinction of share type available within the Equity and Pioneer UK Sub-funds. The share classes offered in our funds are:

  • Distribution (also known as Income) shares - where the dividend income generated is transferred as cash into your nominated bank account.
  • Capitalisation (also known as Accumulating) shares - where the dividend income generated by the fund is not paid out to you but remains in the share, adding to the shares’ value.

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