Fonds Commun de Placement

(FCP).

Type of collective investment scheme available in France and Luxembourg, which provides participants with co-ownership of a portfolio of securities managed by an investment management company.

Unlike Société d’Investissement à Capital Variable (SICAVs), FCPs are not distinct legal entities.

See also

• Commission de Surveillance du Secteur Financier
• Offshore fund
• Société d’Investissement à Capital Variable
• Undertaking for collective investments in transferable securities