What is an 'OEIC'? Definition & meaning

More terms

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.

Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

Annualised Rate of Return

The average annual return an investor sees over a set period of time.

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.

Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

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OEIC