Société d’Investissement à Capital Variable: Difference between revisions
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Revision as of 14:20, 23 October 2012
(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.
See also