Undertaking for collective investments in transferable securities

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(UCITS).

Generic term for any open-ended collective investment scheme involving investments in assets that are available under the form of transferable securities, for example, FCPs, OEICs, SICAVs and unit trusts.

See also

Fonds Commun de Placement (FCP)
Open-ended investment company (OEIC)
Société d’Investissement à Capital Variable (SICAV)

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