Chapman Associates Limited

Investments

• Risk and Reward
• Unit Trusts
• OEICs
• Investment Trusts
• ISAs
• Government Gilts
• Corporate Bonds

Latest News

Funds

• F&C optimistic as flows pick up
• Natixis funds arm seeks Amundi-style merger
• UK pension agency ups alternative assets

Markets

• Harbinger bid hopes fade
• Weak output puts pressure on sterling
• Stocks edge higher on hopes for global economy

Personal Finance

• Northern Rock shrinks losses in 2009
• House price balance records surprise fall
• MPs criticise poor performance at the Revenue

Stocks and Shares

• Race to the bottom with G4 currency rhetoric
• AIM property IPOs set to stay torpid, investors wary
• Greek CDS overtures fall on deaf ears in Washington

OEICs

What is an OEIC?

• Open-ended investment companies are often referred to as the modern day and flexible equivalent of the unit trust. They combine the elements of unit trusts and Investment trusts enabling you to pool your investments along with other investors. This helps to spread the risk and enables you to take advantage of the skills of a professional managing the fund.
  
  
• OEICS are regulated by the FSA. The rules are based on specifically written company law, whereas unit trusts are based on old trust law.
  
  
• OEICS have a single price for buyers and sellers and the charges are shown separately. A unit trust has a separate buying and selling price (bid/offer spread).
  
  
• The OEIC share price directly reflects the underlying assets of the portfolio
  
  
• An umbrella fund structure, which means that there are different classes of share. Each sub share fund can be invested in a different area if required.