For Immediate Release: Monday 24 July 2000

HOW TO INVEST IN UNIT TRUSTS AND OEICS

Savers who are new to unit trusts and OEICs will find the AUTIF Handbook a useful introduction. From the first steps of identifying personal savings needs and choosing a suitable fund, to making the investment and monitoring subsequent performance, The Handbook helps to guide novice investors through the investment maze.

Anne McMeehan, Director of Communications commented:

"Savers are increasingly coming to terms with the fact that their hard-earned money needs to go to work for them. Deposit accounts are fine for some people some of the time, but for the long term, the stock markets have proven themselves to be the best option. So whether it is saving up for a wedding, to pay off the mortgage, for retirement or simply for a rainy day, The Handbook is a must for anyone thinking of using investment funds"

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