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	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\|entity\|}}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]]), or it may be in the form of a [[partnership limited by shares]]. Its share capital is variable and the value of which at any time matches the value of the net assets of the fund.		It is formed in the form of a [[public limited company]] ([[PLC]]., [[SA]]), or it may be in the form of a [[partnership limited by shares]]. Its share capital is variable and the value of which at any time matches the value of the net assets of the fund.