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Look up: OEIC

  1. OEIC
    Open Ended Investment Company. A collective investment fund similar to a unit trust. The major differences are that OEICs quote a single price rather than a bid and offer price and they are governed by Company law rather than trust law. Most new funds launched today are established under the OEIC structure and it is widely predicted that, over time, most Unit Trusts will convert to OEICs.
    Found on http://www.encyclo.co.uk/visitor-contrib

  2. OEIC
    OEIC stands for Open Ended Investment Company. They are similar to a unit trust in that they issue more shares as the fund grows and they invest the money in other companies. However only one price is quoted rather than a bid / offer spread. The big difference is they issue shares, which is more akin to an investment trust.
    Found on http://www.encyclo.co.uk/local/20416

  3. OEIC
    Open Ended Investment Company: a type of collective investment fund that is incorporated but open ended....more on OEIC
    Found on http://moneyterms.co.uk/i/

  4. Oeic
    See open-ended investment company
    Found on http://www.aviva.com/index.html?pageid=6

...

12 February 2012

This day in history:
/calendar/ On February 12, 1809, Charles Robert Darwin was born at The Mount in Shrewsbury, Shropshire, England. Darwin was one of the last of the eclectic scientists who preceded the age of professional specialization. His genius lay in his ability to select, from the facts which he so diligently collected, every relevant point and fit it into his bold and far-reaching theories. He was not the first to advance a theory of evolution; but his massive weight of evidence carried conviction where earlier theorists had failed. He was shy and modest and shrank from controversy, an unfortunate trait in the author of the most controversial book of the century. read more

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