IFA Exeter
Financial Blog   Investor Access
Home »  
Sipps Pension Advice
Open Ended Investment Companies (OEICs)

OEICs are funds that invest in securities issued by other companies. Investors buy shares in the fund, however if there is more demand for shares than currently available, the fund manager can simply create more shares. Hence the name open-ended. The shares trade on the London Stock Exchange and are valued close to the value of the underlying assets. Unlike unit trusts there is no bid/offer spread.

The fund will have a specified objective and investment criteria.

OEICs can be held in a wide range of investment vehicles such as ISAs, SIPPs, onshore and offshore bonds.


They benefit from not having to pay CGT in the fund on any gains. The owner of the OEIC will have to pay CGT on the sale, subject to their own financial circumstances.

Invest Together
For your future
For income
In Retirement
For long term care
For estate planning
Investment proposition
About us
Contact us
Financial Advisor Exeter
Independent Financial Advisor Exeter Independent Financial Advisor Exeter
Contact our offices for investment advice and planning
Exeter Offices | Tel: 01404 598 373
Briar House, Clyst Honiton, Exeter, Devon, EX5 2LZ
Cheltenham Offices | Tel: 01242 807 455
6 Bath Mews, Bath Parade, Cheltenham, GL53 7HL
Colyton Offices | Tel: 01297578460 
The Mews, Queens Street, Colyton, Devon, EX24 6JU
Exmouth Offices | Tel: 01395 542 551 
32 Rolle Street, Exmouth, Devon EX8 2SH

Raymond James Investment Services Limited is a member of the London Stock Exchange and
is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales No. 3779657. Registered office: Broadwalk House 5 Appold Street London EC2A2AG. | RAYMOND JAMES is a registered trademark of Raymond James Financial, Inc. | Legal Disclosures
Devon Web Design | Web marketing & Design