What is an OEIC?

Open-Ended Investment Companies are the modern day equivalent of the unit trust. From an investor's perspective they are very similar to unit trusts. The main difference is that OEICS normally have a single price for buyers and sellers and the charges are shown separately. A unit trust will often have a separate buying and selling price which is referred to as the bid/offer spread.

Also see -


Financial Advice... pure and simple

THOMAS FINANCIAL SERVICES Ltd provides financial advice and planning, in plain English, to people who want to ensure they make the right financial decisions at the right times and at the right cost. It's simple!

Find Out More