Open Ended Investment Company: a type of collective investment fund that is incorporated but open ended....
more on OEICFound on
http://moneyterms.co.uk/i/
See open-ended investment company
Found on
http://www.aviva.com/glossary/
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
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-contributions.php
Collective investment vehicles with one price for investors. OEICs are able to issue more shares if demand increases from investors, unlike investment trusts.
Found on
https://www.encyclo.co.uk/local/21743
No exact match found.
