# Accumulation fund

- Canonical URL: https://www.gerhardmerk.de/accumulation-fund-2
- Post ID: 592545
- Modified: 2023-07-25T20:47:04+00:00
- Language: en

## Definition

Special fund of a capital management company in which the income is not distributed to the investors entitled by means of unit certificates, but is immediately used for reinvestment upon receipt. In Germany, the income is regarded as accruing to the shareholder for tax purposes and is subject to taxation by the shareholder. - In contrast, in the case of a distribution fund, the income is credited to the investor's account. - See fund, mutual fund, investment code, mutual fund, pension fund, special fund, tax-saving fund. - See the monthly statistical supplement "Kapitalmarktstatistik" published by the Deutsche Bundesbank for figures on the number of domestic cumulative funds, the number of units in circulation and their assets, broken down by various aspects. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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