An OEIC (Open-Ended Investment Company) is a collective investment that takes its structure from both a unit trust and an investment trust. An OEIC is single-priced and issues shares like an investment trust. However, rather than buying and selling shares on a stock exchange, people investing in OEICs transact with the fund company.

Several UK fund management companies have converted their unit trusts to OEICs. The motivation for conversion is often cited as a simplification and pre-cursor to offering funds Europe-wide under EU rules.

For our comprehensive list of OEICs that can be filtered by Morningstar category and fund company, we recmmned using our Fund QuickRank tool.

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies