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Investments Profiler User Guide (v9)
OEIC
Pronounced ‘Oyk’
An OEIC (Open-Ended Investment Company) is a collective investment that takes its structure from both a
unit trust and an investment trust. An OEIC is single-priced and issues shares like an investment trust.
However, rather than buying and selling shares on a stock exchange, people investing in OEICs transact
with the fund company.
Option
The right, but not the obligation, to buy (for a call option) or sell (for a put option) a specific amount of a
given stock, commodity, currency, index, or debt, at a specified price (the strike price) during a specified
period of time. For stock options, the amount is usually 100 shares. Also called option contract.
P
Preference Shares
Shares that pay dividends at a specific rate while the dividends of ordinary shares fluctuate or may not be
given at all. They do not normally carry a vote unless dividends fall into arrears. Represents a claim prior to
common shareholders on the earnings of a company and on the assets in the event of liquidation.
Premium/Discount to NAV
This is a measure of the difference between the value of the underlying assets of an investment trust (NAV)
and the value indicated by its share price. This is usually expressed as a percentage of the value of the
underlying asset. A discount means the share price is less than the Net Asset Value and is represented by
a negative percentage. A premium means the share price is more than the Net Asset Value and is
represented by a positive percentage.
Primary Share Class
See: Share Class Type
Q
Quarter End
Investment quarters are specific three month periods throughout the year which end on the following four
dates:




31st March
30th June
30th September
31st December
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Glossary
Performance Fee
A payment awarded to a fund manager if certain performance levels are attained in a set period of time.
Often, it refers to the achievement of a return on a fund over and above the investment objective.