Société d’Investissement à Capital Variable: Difference between revisions
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imported>Doug Williamson (Link with Investment trust page.) |
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* [[Mutual fund]] | * [[Mutual fund]] | ||
* [[Undertaking for collective investments in transferable securities]] | * [[Undertaking for collective investments in transferable securities]] | ||
[[Category:Financial_products_and_markets]] | |||
Revision as of 01:46, 8 January 2022
(SICAV).
Type of collective investment scheme available in western Europe.
Unlike Fonds Commun de Placements (FCP), SICAVs are distinct legal entities, with each investor being a shareholder of the company.
In other words, SICAVs are open-ended investment companies.
