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About: Open-ended investment company     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Scheme105905348, within Data Space : dbpedia.org associated with source document(s)

Type: companyyago:WikicatCollectiveInvestmentSchemesyago:Abstraction100002137yago:Cognition100023271yago:Content105809192yago:Idea105833840yago:Plan105898568yago:PlanOfAction105902545yago:PsychologicalFeature100023100yago:Scheme105905348 New Facet based on Instances of this Class

An open-ended investment company (abbreviated to OEIC, pron. /ɔɪk/) or investment company with variable capital (abbreviated to ICVC) is a type of open-ended collective investment formed as a corporation under the in the United Kingdom. The terms "OEIC" and "ICVC" are used interchangeably with different investment managers favouring one over the other. In the UK OEICs are the preferred legal form of new open-ended investment over the older unit trust. OEICs were developed to be similar to European SICAVs and U.S. mutual funds.