The ETFs offered through Mintos are accumulating ETFs, which means that any income generated from the underlying assets, such as dividends from stocks, is automatically reinvested into the ETF. This reinvestment helps to increase the value of the ETF over time, contributing to portfolio growth without the need for you to reinvest manually.
It is important to note that while some of the individual stocks held within these ETFs may pay dividends, the accumulating nature of the ETF means these dividends are not distributed to investors as cash. Instead, they are reinvested, which helps increase the net asset value (NAV) of the ETF. This process is reflected in the rising price of the ETF shares you hold, allowing for seamless investment growth.
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