Ways To Invest
In the UK Units can be bought direct from the fund manager, held through a nominee account or through an ISA (individual savings account).
From the 1 January 1987 to 5 April 1999 it was also possible to invest via a PEP (personal equity plan) however these were discontinued and all PEP accounts automatically became stocks and shares ISAs on 6 April 2008. See http://www.hmrc.gov.uk/stats/peps/pep_b_1.htm for details.
Read more about this topic: Unit Trust
Famous quotes containing the words ways to, ways and/or invest:
“And malt does more than Milton can
To justify God’s ways to man.”
—A.E. (Alfred Edward)
“Thou art indeed just, Lord, if I contend
With thee; but, sir, so what I plead is just.
Why do sinners’ ways prosper? and why must
Disappointment all I endeavour end?”
—Gerard Manley Hopkins (1844–1889)
“His mind was strong and clear, his will was unwavering, his convictions were uncompromising, his imagination was powerful enough to invest all plans of national policy with a poetic charm.”
—Woodrow Wilson (1856–1924)