Société d’Investissement à Capital Variable: Difference between revisions
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imported>Doug Williamson m (Spacing 20/8/13) |
imported>Doug Williamson (Link with Investment trust page.) |
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== See also == | == See also == | ||
* [[Fonds Commun de Placement]] | * [[Fonds Commun de Placement]] | ||
* [[Investment company]] | |||
* [[Mutual fund]] | |||
* [[Undertaking for collective investments in transferable securities]] | * [[Undertaking for collective investments in transferable securities]] |
Revision as of 21:33, 6 July 2017
(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.