Dan Malone

That's what's called a distributing fund.

Or some of them will just reinvest it automatically to buy more stocks.

The ones that pay it out, the distributing ones, if you receive that dividend, you're going to pay tax on it, which at the moment is 38% for funds tax in Ireland.

If you invest in an accumulating ETF, because the dividend has never paid out to you, it's reinvested, there's no tax.

Yeah, exactly.

So that's why personally, for me anyway, I prefer the accumulating versions of the funds.

Good to know.

Low total expense ratio.

accumulating funds if you if you don't really have a need to receive the dividends and you're happy for it to just tick along and grow over time and then as i said once you found that etf you take the international securities identification number the eisen copy and paste that come into your investing platform paste it into the search bar it should pop up now what tends to happen sometimes is that three or four versions of the same etf will pop up and

Nearly always you're looking for the one that is quoted in euros.

It's just because the same instrument can be quoted in different prices.

So one version of the ETF shares might trade in the London Stock Exchange and it could be quoted in pounds.

Another version could be quoted in dollars.

Another version could be quoted in euros.

Exactly, yeah.

Ooh, I'm catching on.

See, now you see what I'm saying.

It becomes a bit more manageable once we kind of break it down.

Obviously, listening to this on a podcast and you don't have the visual aspect of it, it's a little more challenging and it sounds quite overwhelming.

So once you kind of have identified it, you've copied in the eyes and you've seen the Euro version of the fund, then you just click onto it.