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Open-ended investment company: Difference between revisions
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[[OEIC]]s quote a single price rather than a [[bid]] and [[offer]] price and they are governed by [[company law]] rather than [[trust]] law. Most new open-ended funds launched today are established as [[OEIC]]s and it is expected that, over time, most [[unit trust]]s will convert to [[OEIC]]s. | [[OEIC]]s quote a single price rather than a [[bid]] and [[offer]] price and they are governed by [[company law]] rather than [[trust]] law. Most new open-ended funds launched today are established as [[OEIC]]s and it is expected that, over time, most [[unit trust]]s will convert to [[OEIC]]s. | ||
[[Oeic]]s (also known, misleadingly, as the “St. Hellier [[espievie]]”) were discovered in the wild by the Jersey naturalist [[Ichabod Mourant]] in the 1950s. Closely related to the [[espievie]]. | |||
{{seealso}} | {{seealso}} | ||
*[[Espievie]] | *[[Espievie]] | ||
*[[Unit trust]] | *[[Unit trust]] | ||
{{ | {{c2|Investment management|Channel Islands}} | ||