OEICs - What are they?

Description: OEICs - What are they and when should they form part of your investment portfolio?

Newest Review: ... either be paid out as dividends or reinvested. Similarly unit holders may either receive their income distributions or reinvest their income. There isn't an awful lot of difference that the average investor need concern themselves with, both are pooled, collective investments where you are entrusting professionals to get a better return than you could investing yourself in individual ... more

... companies. Risk is spread across many markets and individual companies. The degree of risk and spread of shares will vary between funds which specialise in different markets eg UK, Far East, USA, Europe and different types of equity eg Technology, Healthc...more

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OEICs - What are they?: No not street urchins (511 words)
by - written on 17/10/01 (Very useful, 75 readings)
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Spelt differently but pronounced like a street urchin, an oeic is officially an open-ended investment company. It technically varies from a unit trust in that the investors are shareholders and own shares in the company that can be bought and sold but have no claim on the actual assets of the company. Unitholders on the other hand own a share of the entire pooled resources of a unit trust. An oeic is an incorporated company and is termed open ended, as the size of the fund will vary as investors buy and sell. Shareholders have the right to sell their shares back to the oeic on any dealing day, as can unit holders to their unit trust. Shareholders have a right to ... Read the complete review

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