You can buy OEIC’s on Interactive Investor and as opposed to united trusts which you trade like a companies shares, new shares are created or deleted in an open-ending investment trust when investors buy or sell them.
Interactive Investor OEIC Investing Review
Name: Interactive Investor OEIC Investing
Description: Interactive Investor charge a low, flat fee of £9.99 per month for investing in open-ended investment companies. This covers OEIC investing for Stocks and Shares ISA, Junior ISA and Trading Account (you can also add a SIPP for an extra £10 per month).
Capital at risk.
*Open-ended investment company dealing commissions are a free trade every month, then charged £7.99 or upgrade to a £19.99 “Super Investor” account 2 free monthly trades and deal for £3.99. Regular investing is free.
- Fixed account fee of £9.99*
- £1 minimum deposit
- Fixed fee not great for very small accounts
Research & Analysis
- Expert opinion: Interactive Investor reviewed & rated