Zero discount mechanism / Zero discount policy
Zero discount mechanism / Zero discount policy are terms used to describe a situation where an investment company commits (sometimes only in normal market conditions) to maintaining its discount close […]
Open-end fund
An open-end fund or open-ended fund is one which can expand or contract by issuing or cancelling units in exchange for cash. Examples are unit trusts, OEICs, SICAVs, US Mutual Funds/40 […]
Wrapper
A wrapper is a term for a financial product – like an ISA Wrappers may contain many types of investment, such as Investment Trusts and open-ended investment company (OEIC) funds. Wrapper […]
Portfolio
The invested assets of a fund such as an investment company, investment trust or OEIC.
