What does Acc and Inc mean after the name of the fund?

These abbreviations stand for Accumulation and Income and refer to the type of units or shares in a fund and how any income they produce is treated.

Acc – With this type of unit/share any income earned on your investment remains accumulated within the published price of the units.

Inc – This type of unit/share pays out (distributes) on set dates each year any interest or dividends that the investment makes.