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Artemis monthly distribution
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Learner
Posted: 03 December 2024 11:55:37(UTC)
#1

Joined: 04/08/2023(UTC)
Posts: 69
On ii Super 60 selected, Artemis monthly distribution acc is listed - but Artemis monthly distribution inc is not. Why do you think that is?

Thanks
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Busy doing nothing
Posted: 03 December 2024 14:18:11(UTC)
#2

Joined: 01/03/2021(UTC)
Posts: 372

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Learner;327614 wrote:
On ii Super 60 selected, Artemis monthly distribution acc is listed - but Artemis monthly distribution inc is not. Why do you think that is?

Thanks

It is, you just need to click on the v next to the acc for the income version.
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Learner on 03/12/2024(UTC)
Learner
Posted: 03 December 2024 14:52:46(UTC)
#3

Joined: 04/08/2023(UTC)
Posts: 69
But for Acc in Overview I see "ii Super 60 selected This fund is a member of our ii Super 60 rated list"

That phrase is missing when I look at Inc in Overview.

I was wondering whether that is an ii oversight - or whether there is something about the Inc fund which makes it not worthy of the Super 60.
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Tim D on 03/12/2024(UTC)
Tim D
Posted: 03 December 2024 16:26:39(UTC)
#4

Joined: 07/06/2017(UTC)
Posts: 8,883
Scanning over the Super 60 list... it strikes me that almost ALL the OEICs are Acc units. The one exception is "RGI UK Recovery B Inc"... and looking at trustnet the only other unit class of that is "RGI UK Recovery Z Acc" (considerably cheaper OCF on the Z units, but doesn't seem to be available on ii; maybe they don't have the AUM to qualify for that class yet).

Artemis Monthly Distribution (Inc units) is our largest unsheltered holding. Pretty happy with it and I don't know any reason the Inc units would be considered defective/inferior to the Acc ones.

Maybe it's just that someone at ii/Morningstar decided that the sort of investors using Super 60 are better served buying Acc units (compounding!) than having to be more hands on with divi reinvestment. OTOH that Artemis Monthly Distribution fund does sit in the Super 60's "income" subgroup, so you'd think they'd lean to Inc distributing units at least for those.
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Learner
Posted: 03 December 2024 16:51:04(UTC)
#5

Joined: 04/08/2023(UTC)
Posts: 69
Phew. It's alright then that I've got Inc.
Thank you v much
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