OEICs

OEICs (Open Ended Investment Companies) are pooled investment vehicles that spread the investor’s money across many holdings but in a company form. They are like unit trusts that they are designed to replace.  Investments permitted in OEICS are the same as those currently permitted for unit trusts. OEICS in the UK are taxed in the same way as unit trusts.

 

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Braunton IFA Ltd is an appointed representative of Virtual Net (Europe) Plc which is authorised and regulated by the Financial Services Authority.The Financial Services Authority do not regulate some areas mentioned on our web site including most Buy to Lets and Commercial Mortgages, National Savings Products, Home Reversion Schemes, Inheritance Tax Planning and Will Writing