Société d’Investissement à Capital Variable

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Revision as of 15:32, 16 February 2022 by imported>Doug Williamson (Update - source - Association of Corporate Treasurers - email from Naresh Aggarwal 16 Feb 2022.)
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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