OEIC Fund Range

Some of the documents for the OEIC Fund Range, such as application forms, servicing forms and fund information documents, are only available on the Link Fund Solutions website.

Open Ended Investment Company (OEIC) funds could be a good way to help your clients boost their purchasing power and build up their own portfolio of investments. 

• OEIC funds pool investments with that of other investors and may allow your client to access asset types which may otherwise be difficult to invest in.  

• Investing in OEIC funds could offer the potential for long-term capital growth, income or a mixture of both.
• No Capital Gains Tax is payable on any gains made by investments held within the fund.  
• Your client can invest in up to 10 OEIC funds, covering different levels of potential risk and return. They can invest in one or more funds to suit their own needs and appetite for risk, creating a mix which they are comfortable with.  

Initial contribution

• Lump sum of £500 or more, or

• From £50 a month.

Additional investment

• Minimum lump sum of £250 or more, or

• By increasing the direct debit payments by £5 each month.
  

Withdrawals

• Free withdrawals of £250 or more at any time.

There are some tax considerations when investing in funds through an OEIC:

• No Capital Gains Tax is payable on gains made by investments held within the fund.
• Capital Gains Tax may be payable upon selling all or part of the investment however, and your client must detail this on their self-assessment tax return.
• Income received in the way of dividends may be sheltered by a dividend tax allowance of £2,000 per year.
• Payments which are treated as interest payments received within the OEIC fund, will be paid gross and savers will benefit from the Personal Savings Allowance - £1,000 of interest for basic rate tax payers and £500 for higher rate taxpayers.  

For more information on tax liabilities, see our Summary Tax Liabilities for Bonds and Collectives document.

Remember that the impact of taxation depends on individual circumstances and is subject to change.

Your client can choose from 10 multi-asset funds. Each is a “fund of funds”, invested in a range of underlying funds and offering a simple solution to the challenge of selecting funds and diversifying across asset types.

M&G Treasury & Investment Office (T&IO) recommends the asset allocation for each fund. Link Fund Solutions Limited, as Authorised Corporate Director, ensures that these recommendations are in line with the funds’ objectives. M&G Investment Management Ltd (MAGIM), part of M&G plc, are the investment managers for the Prudential Risk Managed Funds. They make the asset allocations adjustments recommended by T&IO.

A choice of five risk-managed multi-asset collective funds each with its own risk profile, investing at least 70% in active collective investments. 

• LF Prudential Risk Managed Active 1 Fund

• LF Prudential Risk Managed Active 2 Fund

• LF Prudential Risk Managed Active 3 Fund

• LF Prudential Risk Managed Active 4 Fund

• LF Prudential Risk Managed Active 5 Fund

LF Risk Managed Active Funds are available as an investment option on the following products:

• Flexible Retirement Plan
• Prudential ISA
• OEIC Funds*
• Prudential Investment Plan
• Prudential International Investment Bond
• Prudential International Investment Portfolio
• Prudential Onshore Portfolio Bond
• Retirement Account**

*Link Fund Solutions Limited are responsible for all the regulatory and legal aspects of the OEIC funds. Accordingly OEIC fund names are prefixed with "LF".

**The Prudential Retirement Account and Prudential ISA invest in the OEIC versions of the portfolios while the other products invest in the Unit-Linked versions. The Unit-Linked versions generally have a slightly larger proportion of their holdings in cash and may have different charges. This, together with the different taxation that may apply to different products, will mean their investment performance can differ from one product to another.

For more information, view the Key Investment Information Documents for each portfolio.

A choice of five risk-managed multi-asset collective funds each with its own risk profile, investing at least 70% in passive collective investments.

• LF Prudential Risk Managed Passive 1 Fund

• LF Prudential Risk Managed Passive 2 Fund

• LF Prudential Risk Managed Passive 3 Fund

• LF Prudential Risk Managed Passive 4 Fund

• LF Prudential Risk Managed Passive 5 Fund

LF Risk Managed Passive Funds are available as an investment option for the following products:

 *Link Fund Solutions Limited are responsible for all the regulatory and legal aspects of the OEIC funds. Accordingly OEIC fund names are prefixed with "LF".

**The Prudential Retirement Account and Prudential ISA invest in the OEIC versions of the portfolios while the other products invest in the Unit-Linked versions. The Unit-Linked versions generally have a slightly larger proportion of their holdings in cash and may have different charges. This, together with the different taxation that may apply to different products, will mean their investment performance can differ from one product to another.

For more information, view the Key Investment Information Documents for each portfolio.

Adviser charging can be facilitated for the OEIC funds.

Download the Adviser charging guide (PDF) for more information.