OEIC transactions settle on which date after the trade date?

• A. T+1
• B. T+2
• C. T+4
• D. T+3

Answer: (C)

OEICs settle four business days after the trade date. This reflects the fund dealing process: orders are priced at the next NAV, units are created or redeemed, and cash moves between the investor and the fund administrator. The administration and settlement infrastructure for OEICs typically takes longer than for many securities, so the standard settlement is T+4. Shorter cycles like T+1, T+2, or T+3 would not fit the fund dealing and cash‑flow timing involved in OEIC transactions.