Why OEICs?

Why OEICs?

Author: Keith Wallace (1999)

Keith Wallace of  Messrs Richards Butler, Solicitors and Director, Beaufort Trust Corporation Limited
(From Issue 7, April  1999)

This article responds to a request from the Editor to explain to the generalist trust practitioner reader of the TACT Review what is new, interesting and relevant about OEICs.

Currently, of course, the retail investment scene in Britain comprises the following family of investment vehicles, in ascending order of investor sophistication:

  • Deposits
  • Insurance related contracts
  • Unit trusts
  • Investment Trusts
  • Segregated discretionary managed portfo­lios

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