GLOSSARY

Distribution yield

IN PLAIN ENGLISH

What a fund expects to pay out over the next twelve months, as a percentage of its price.

WHERE YOU MEET IT

On the fund's factsheet. The app doesn't show it: a fund's Yield column is its historic yield, which looks back rather than ahead.

WATCH OUT FOR

If charges come out of capital, it looks higher than the income the fund really earns.

EXPLAINED IN

What an ETF's distribution yield actually is

Educational content only. It is not personal financial advice.