Direct Financial Planning (UK) Ltd

Investments

• Risk and Reward
• Unit Trusts
• OEICs
• Investment Trusts
• Government Gilts
• Corporate Bonds
• ISA'S

Latest News

Funds

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• BRICs - victims of success with global investors?
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Stocks and Shares

• China tells state companies to explore Potash bid
• Dubai launches Islamic commodity hedge fund Index
• Potash Corp puts pressure on BHP to raise bid

Personal Finance

• China tells state companies to explore Potash bid

Markets

• Investors  turn to linkers and gold to hedge uncertainty
• Volatility and poor returns killing equities cult
• Bold financial seers look to models rather than the herd

OEICs

What is an OEIC?

• Open-ended investment companies are often referred to as the modern day and flexible equivalent of the unit trust. They combine the elements of unit trusts and Investment trusts enabling you to pool your investments along with other investors. This helps to spread the risk and enables you to take advantage of the skills of a professional managing the fund.
  
  
• OEICS are regulated by the FSA. The rules are based on specifically written company law, whereas unit trusts are based on old trust law.
  
  
• OEICS have a single price for buyers and sellers and the charges are shown separately. A unit trust has a separate buying and selling price (bid/offer spread).
  
  
• The OEIC share price directly reflects the underlying assets of the portfolio
  
  
• An umbrella fund structure, which means that there are different classes of share. Each sub share fund can be invested in a different area if required.