PLEASE NOTE THAT THIS VERSION USES RATES AND ALLOWANCES FOR THE TAX YEAR 2015/16. HENCE THE DISCOUNTED PRICE.
Most financial advisers recommend the use of collective funds such as unit trusts and Open Ended Investment Companies (OEICs) Ð often in conjunction with ISAs. Some clients may have investment trust shares as part of their portfolio.
Are OEICs a better option than unit trusts or are investment trusts the most appropriate collective investment for most clients? Is there any real merit in using offshore funds for UK resident investors?
A better understanding of the differences between these different types of collective funds should lead to better financial advice.
As well as being essential reading for all financial advisers we recommend this guide for anyone preparing for the CF2, R02, J10 or AF4 CII examinations. It may also be of assistance with other exams including the IFP Certified Financial Planner or Fellowship exams.