For Immediate Release: Thursday 18 July 2000

UNIT TRUST AND OEIC DIRECTORY
Over 1800 funds listed

AUTIF’s Directory, has been updated to incorporate the latest investment sector classification changes. The funds are listed by sector, according to their objective - to provide an immediate income, a growing income, capital growth or capital protection, so that investors can match their savings goals to suitable funds.

Alongside each fund are basic details to help investors make further comparisons. These include:

• minimum investment levels
• initial and annual charges
• whether the fund is offered as an ISA and whether CAT standards are met
• if the fund can accept PEP transfers
• the frequency of income payments
• whether expenses are charged to capital
• whether the fund manager issues certificates

Anne McMeehan, Director of Communications, commented:

"With over 1,800 unit trust and OEICs in the market, investors can be forgiven if they find the degree of choice a bit daunting. The Directory offers a good start to anyone trying to compile a shortlist of funds to meet their needs."

Readers can call the Unit Trust Information Service on +44 (0)20 8207 1361 (manned 24 hours a day) for a free copy. AUTIF’s range of consumer literature can also be viewed on the AUTIF website.

For further information please contact:

Anne McMeehan, Director of Communications, AUTIF - +44 (0)20 7831 0898
Clare Arber, PR Manager, AUTIF - +44 (0)20 7831 0898