82,883
edits
SICAV: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
A [[Société d’Investissement à Capital Variable]] or {{tag|SICAV}} is a common type of open-ended [[collective investment scheme]], an [[investment fund]] found in {{tag|France}} and other Francophile jurisdictions (notably {{tag|Luxembourg}}, {{tag|Belgium}}, {{tag|Switzerland}}, and so on). | A [[Société d’Investissement à Capital Variable]] or {{tag|SICAV}} is a common type of [[open-ended]] [[collective investment scheme]], an [[investment fund]] found in {{tag|France}} and other Francophile jurisdictions (notably {{tag|Luxembourg}}, {{tag|Belgium}}, {{tag|Switzerland}}, and so on). | ||
It is formed in the form of a [[public limited company]] ([[PLC]]., [[SA]]). Its share capital is variable and the value of which at any time matches the value of the net assets of the fund. | |||
===Compare with=== | |||
*{{tag|SICAF}}, of [[closed-ended]] [[collective investment fund]]. | |||