Open ended investment companies (OEIC)
Invest in the worlds stock markets
An open ended investment company enables investors to buy shares of a larger pool of investments.
The price you pay for each share reflects the
average price of the underlying shares. Your investment can be as little as £25 a month. Your investment will join thousands
of other investors investments to create a fund of investments. Therefore, for a relatively low investment, you all share in the
It is worth noting that many unit trusts have, or are planning to,
convert to open ended investment companies.
What happens if you want to sell
Simple, you sell. Simply instruct your provider to sell and you will receive the cash equivalent of your sold shares. The
one difference between unit trusts and open ended investment companies is pricing. Open
ended investment companies, unlike unit trusts, do not work on a spread when it comes to pricing. The shares have one price
which you can buy or sell at.
What areas do open ended investment companies invest in
Many, such as property, asian shares, north american shares, UK shares, growth companies, etc. Each open ended
investment company carries
its own investment risks
so it is important you seek advice before making any investment.