IMA updates free guide

The IMA has revised its free guide "The Directory – a comprehensive list of unit trusts and OEICs", which aids investors comparing funds with similar investment objectives or similar underlying assets. The updated version lists funds by sector, with comparative information, such as charges and minimum contribution levels for each fund. Initial, annual and exit charges, minimum lump sums and regular savings contributions, and ISA compatability are other factors covered. The directory also advises on CAT-standard compatability, PEP transfers, and whether costs are charg...