Definitions for "Accumulation Fund"
a superannuation fund where the retirement benefit is an accumulation of contributions and investment earnings (less fees, taxes and any insurance premiums) in respect of individual members. AGEST is an accumulation fund.
a superannuation fund where the benefit received by the investor is determined by the contributions that have been invested and the investment earnings, less any fees and taxes.
a fund where the benefit you receive is determined by the contributions you have invested plus investment earnings, less any fees, taxes and insurance premiums.