OEIC


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Related to OEIC: unit trust, OIEC, SICAV, UCITS

OEIC

(ɔɪk)
n acronym for
(Banking & Finance) open-ended investment company
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations

OEIC

n abbr of open-ended investment company (Brit Fin) → Investmentgesellschaft f (mit eingeschränkten Befugnissen)
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
References in periodicals archive ?
The fund is an Ireland-domiciled OEIC regulated by Central Bank of Ireland and is UCITS-compliant.
The OEIC operates in the same way as a unit trust, issuing and redeeming shares to satisfy demand.
By launching the Radar fund as a UK-domiciled Oeic, we are making the strategy available to a wider range of investors.'
SOCAR has a minority stake in all 13 PSAs currently operational in Azerbaijan, including the 2003 PSA for the Caspian Sea's largest gas field, Shah Deniz, in which SOCAR is a partner with BP, Statoil, TotalFinaElf, LukAgip, OEIC and TPAO.
minimum number of directors is specified for OEIC boards.
A Direct share investment is riskier because you are buying one company's shares while a unit trust or OEIC allows you to be in a fund that invests in shares from a large number of companies.
The fund is part of an Umbrella Funds Company that is registered in the DIFC under the name Mashreq Capital Shariah Compliant Funds (OEIC) Ltd.
The fund will have the structure of an open ended investment company (OEIC) incorporated in the DIFC.
People withdrew pounds 31.3 million form UK-based unit trust and OEIC (open-ended investment companies) ISAs during the month, the first time deposits have been negative for a year.
Cru has gained the contractual rights to distribute the three UK open-ended investment company (OEIC) funds recently acquired by Arch LLP from Insinger de Beaufort.