Sorry, we need to get real about this. If you manage to find the Holy Grail of portfolio design, tell us before you tell anyone else. Income from any portfolio is very dependent on the investment vehicles you choose for each asset category. For example one particular equity fund may have a much higher distribution policy than another although they invest in the same markets. Some bond and cash funds may not distribute at all or very rarely while others distribute all the income received.
Income retained by a fund is reflected in an increased unit price.
When using managed funds you should check the fund manager's distribution policy and historical distribution record contained in the prospectus. If you are investing directly in shares, check past dividends and company dividend policies to get some idea about prospective income. If you are using mostly managed funds strategy, we suggest that your portfolio is adjusted only six monthly and then only if it is well outside the allocation you have chosen. It may be more effective to use accumulated income from the portfolio and other income sources to make the adjustments, rather than sell investments unecessarily. Related Legal Information.