Limited company with excess funds - what can they invest in?
BhanuVekria
Member
I have a limited company that is looking to invest some funds. My immediate thought was an investement bond and an OEIC/investment trust. Any other options anyone can think of?
Also does anyone have the pros and cons listed for the options avaialable or which provider could help obtain this.
A follow up quesiton, as a normal tranding company, does the company need to have another SIC code to able to invest in these asset classes?
Appreciate any help.
Comments
They can effectively invest in anything their articles of association allow.
Pru gave a guide to corporate investing you may find useful. There are many tax considerations but at the end of the day it's an investment decision. https://www.mandg.com/dam/pru/shared/documents/en/genm600602.pdf
And a recent webinar on the matter - https://www.mandg.com/pru/adviser/en-gb/insights-events/insights-library/slash-the-cash-should-companies-invest-questions