Chapter 20
Investment Vehicles
Platform and funds
‘If I had asked people what they wanted, they would have said faster horses.’
Henry Ford
Investment vehicles are the actual investment products that you buy for your portfolio. When choosing funds, the different acronyms are not always clear – OEIC, ICVC, CIS, NAV, ACD, UCITS, NURS, SICAV, ETF, CEF, KIID. It all sounds a perplexing gibberish. However, the choice of investment vehicle can impact results.
We will try to clarify it all.
Your platform
The universe of investment products from which you can select is part of the platform that you use. Your ISAs and pensions may be part of a platform.
A fund platform is an online service, allowing financial advisers to manage their customers’ investment ...
Get FT Guide to Saving and Investing for Retirement now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
