OEICs were launched in the UK in 1997 and there are approximately 300 currently in place. An OEIC is like a mix between an Investment Trust and a Unit Trust. Similar to an Investment Trust, OEICs raise money from shareholders, and they invest the money in the stock market, in companies of their choosing. Read more ...
Sunday, September 28, 2008
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment