What is an 'OEIC'? Definition & meaning

More terms

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

NYSE

The world's largest stock exchange. Wall St HQ.

Depository

We look at what is a depository and what role they play in keeping markets work.

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

Key Information Document (KID)

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

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

Oligopoly

A situation in which a market or industry is controlled by a small group of companies.

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Alpha

The percentage by which an investor outperforms a relevant benchmark.

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OEIC