Investor's Forget-me-Nots Dictionary. 2014.
Open-ended investment company — An Open ended investment company (abbreviated to OEIC, pronounced oik ) or Investment Company with Variable Capital (or ICVC) is a type of open ended collective investment formed as a corporation under the Open Ended Investment Company… … Wikipedia
open-ended investment company — OEIC An investment trust that operates an open end trust The size of its fund depends on the number of units sold … Big dictionary of business and management
open-ended investment companies — ( OEICs) A form of collective investment scheme which is designed to incorporate favourable aspects of both investment trusts and unit trusts. It is legally speaking a company which issues shares, like an investment trust. However, whereas an… … Financial and business terms
open-ended fund — /ˌəυpən endɪd fʌnd/ noun a fund (such as a unit trust) where investors buy units, the money paid being invested in a range of securities (as opposed to a closed fund, such as an investment trust, where the investor buys shares in the trust… … Dictionary of banking and finance
Open-ended investment company — /ˌəυpən ˌendɪd ɪn vestmənt ˌkʌmp(ə)ni/ noun a new form of unit trust, in which the investor purchases shares at a single price, as opposed to the offer/bid pricing system used by ordinary unit trusts. Abbreviation Oeic … Dictionary of banking and finance
open-end — ˈopen end adjective [only before a noun] an open end fund or trust does not have a fixed number of shares: • an open end mutual fund * * * open end UK US adjective ► (also open ended) FINANCE used to describe an investment fund in which shares… … Financial and business terms
Open-end fund — An open end(ed) fund is a collective investment scheme which can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself rather than from the existing shareholders. It contrasts… … Wikipedia
open-end — | ̷ ̷ ̷ ̷| ̷ ̷ adjective : organized, formulated, or constituted to contain possibilities for various contingencies whether unspecified, merely inferable, or definitely stated: as a. : permitting additional debt to be incurred under the original… … Useful english dictionary
Unit trust — A unit trust is a form of collective investment constituted under a trust deed.Found in Australia, Ireland, the Isle of Man, Jersey, New Zealand, South Africa, Singapore [Lee, Boon Keng and Ong, Andy. Personal Financial Planning in Singapore. INS … Wikipedia
investment trust — A closed end fund regulated by the Investment Company Act of 1940. These funds have a fixed number of shares that are traded on the secondary markets , like corporate stock. The market price may exceed the net asset value per share, in which case … Financial and business terms
unit trust — In the United Kingdom and other foreign markets , an open end mutual fund . Bloomberg Financial Dictionary A form of collective investment scheme. Investors buy units in a unit trust which then uses the money raised to invest in a range of… … Financial and business terms
