Guide to Unit Trust and OEIC Funds

“The Directory” is a free, comprehensive guide to authorised unit trust and OEIC funds managed by members of the Investment Management Association. Due to the increasing popularity of socially responsible and index tracking funds, this year’s guide now highlights funds with an ethical or passive objective across all sectors.

The guide aims to help investors identify those funds that meet their investment objectives by breaking them down into the different IMA sectors, making it easier to compare funds that invest in similar types of assets or have similar investment objectives.

Other details include:

• Whether funds are income funds or growth funds;

• Initial, annual and exit management charges where applicable;

• Whether PEP/ISA transfers are accepted into the fund;

• Minimum lump sum and monthly savings levels for both direct unit trust/OEIC investments, and through an ISA where available;

• How often the fund makes an income payment to the investor.

Mona Patel, Head of Communications said:

“The Directory is a useful information tool to help those investors who already know how to invest and are clear about their investment objectives and attitude to risk. It will help them to make more informed decisions when choosing their portfolio. The highlighting of index tracking and socially responsible funds this year is useful additional information which may be of help when choosing funds.”

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For further information, please contact:

Helen Stephenson, Communications Officer, IMA, 020 7831 0898

Selina Staines, Communications Co-ordinator, IMA, 020 7831 0898

Out of hours contact:

Mona Patel, Head of Communications, IMA, 07834 089332

Notes to Editors:

1. The Investment Management Association is the trade body representing the UK asset management industry.  IMA member firms are responsible for the management of approximately £2 trillion of funds (based in the UK, Europe and elsewhere), including institutional funds (e.g. pensions and life funds), private client accounts and a wide range of pooled investment vehicles.  They manage over 99% of UK-authorised investment funds, Unit Trusts and OEICs.

2.  Copies of the Directory can be obtained free from the IMA’s Unit Trust Information Service (UTIS) on 020 8207 1361, or by visiting the IMA website at www.investmentuk.org.  If you require multiple copies please contact Selina Staines.

3.  The Investment Management Association publishes a number of useful fact sheets to help savers understand unit trust and OEIC investment. 

All are available free from the Unit Trust Information Service on 020 8207 1361 or at www.investmentuk.org/about_funds/fact_sheets

65 Kingsway London WC2B 6TD 

Tel: +44 (0) 20 7831 0898 Fax:+44 (0) 20 7831 9975 

www.investmentuk.org 

Investment Management Association is a company limited by guarantee registered in England and Wales Registered number 4343737.  Registered office as above.