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These can invest in any of the following:-
1) Shares and Corporate Bonds issued on any stock exchange anywhere in the world.
2) Gilts issued by any country in the European Economic Area.
3) Shares in UK authorised Unit Trusts which invest in Shares and Securities*
4) Shares in UK Open Ended Investment Companies*
5) Shares in approved Investment Trusts* (excluding Property IT's).
6) EU based Undertakings for Collective Investment in Transferable Securities* (UCITs), (the EU versions of Unit Trusts).
*The underlying investments can be worldwide.