In simplified terms, dividends are reinvested in the same fund units in the case of an accumulating fund. In view of your question, I assume that you are not yet fully familiar with the subject. I can highly recommend all of the financial flow appearances. Whether YouTube, website, podcast. There is actually an answer to every question. Merry Christmas! 🎅🏼
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@Babistebi I've basically seen it but wanted to make sure I've understood it correctly. What's more, I live in Austria and, as you know, we have a different tax situation to you. We always have to pay tax, whether accumulating or distributing🥲
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