Fonds Commun de Placement: Difference between revisions
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Revision as of 14:19, 23 October 2012
(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 Societe d'Investissement a Capital Variables (SICAVs), FCPs are not distinct legal entities.
See also
- Offshore fund
- Société d’Investissement à Capital Variable
- Undertaking for collective investments in transferable securities