Société d’Investissement à Capital Variable: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Classify page.)
imported>Doug Williamson
(Update - source - Association of Corporate Treasurers - email from Naresh Aggarwal 16 Feb 2022.)
 
Line 1: Line 1:
(SICAV).  
(SICAV).  


Type of collective investment scheme available in western Europe.   
Type of collective investment scheme available in France and Luxembourg.   
 


Unlike Fonds Commun de Placements (FCP), SICAVs are distinct legal entities, with each investor being a shareholder of the company.   
Unlike Fonds Commun de Placements (FCP), SICAVs are distinct legal entities, with each investor being a shareholder of the company.   
Line 12: Line 13:
* [[Investment company]]
* [[Investment company]]
* [[Mutual fund]]
* [[Mutual fund]]
* [[Open-ended investment company]]
* [[Shareholder]]
* [[Undertaking for collective investments in transferable securities]]
* [[Undertaking for collective investments in transferable securities]]


[[Category:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]

Latest revision as of 15:32, 16 February 2022

(SICAV).

Type of collective investment scheme available in France and Luxembourg.


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