At Fortress Financial, we aim to:
- Provide honest professional advice
- Deliver effective solutions by understanding client needs
- Keep up to date with development in the financial services
Post:
3 Joymount,
Carrickfergus,
Co. Antrim
BT38 7DN
Email / Telephone:
T: 028 9335 5111
M: 079 1505 4749
E: info@financialadvisorcarrickfergus.com
OEICs
Open Ended Investment Companies
These are flexible equivalents of Investing in Unit Trusts. The general idea is that you invest in the Stock Market and pool your investment with many other investors. This gives more people access to the Market and it spreads the risk.
- OEICs are regulated by the FSA
- They have single price and charges are shown separately.
- Unlike the ISA they are subject to Capital Gains Tax although you can use your annual Capital Gains allowance to offset the gain.