If profits from that fund were given away as dividends, how would it also extend your runway?
You can only spend it once.
Profits are given as dividends. But value of underlying asset in the fund increases. That's how.
Please explain. I would have assumed any increase in the value of assets in the fund would be, well, in the fund.
Meaning you cant just cash them out and spend them as those would be the fund contributors monies and not yours to spend.