Selftrade Fund Packages and the Fund Package service has been withdrawn, however, if you wish to invest regularly in funds still, you can. Selftrade has added a broad range of funds to its Regular Investment Service, including all funds previously held in the Fund Packages. Depending on the fund provider, you will find growth, income, regional, and sector-focused, funds, whilst benefiting from discounts on initial charges.
Unit trusts, like shares, are subject to a spread between the bid and offer prices, whereas OEICs are single-priced. Funds are dealt on a forward pricing basis, so the prices at which orders will be executed cannot be known in advance. They are also subject to initial and annual management charges and in certain circumstances may be subject to a dilution levy. You should always read a fund's Simplified Prospectus before investing. These are available through the Investment list.