OEICs, unit trusts, investment trusts... unfortunately we could go on and on. The financial service industry loves to make a habit of using many different names to describe very similar things. Okay, they may not be as a bad as pensions, but it's an area that we find people struggle with.
So, in this module, we aim to break down the jargon barrier. We will explain what we mean by a fund, share price, unit price, volatility, and the importance between realised and unrealised gains. To help put your new knowledge into practice, we'll be taking a look at collective investments from various providers (they can look significantly different!).
Moving on from collectives, we'll also be turning you into an ISA expert. Although ISAs seem relatively easy in comparison (they are tax-free after all) but are you comfortable with all the different types of ISAs out there? What's so special about a flexible ISA? Do you know what happens to ISAs when you pass away? If not, you soon will!
This module is defined by two units. They are:
During this module, you will:
