Sicav Fonds. A société d investissement à capital variable or sicav fund is a publicly traded open end investment fund structure offered in. This domicile determines the legislation applicable to the fund.
Investors subscribe shares in the sicav based on the value of the fund s assets or net asset value. Any sicav is supervised by the cssf commission du surveillance du secteur financier and will have to fulfil its reporting requirements to this institution. Also the cssf will need to approve the constitutive documents of the fund its directors the management regulations and other issues before the fund is created.
It is similar to an open ended mutual fund in the united states while a sociedad de inversión de capital fijo or société d investissement à capital fixe sicaf is similar to a closed end fund.
When you decide to invest in an investment fund you may be faced with the question what legal structure to choose. Le pea peut aussi accueillir des sicav et fcp détenant 75 d actions européennes ainsi que des fonds et des trackers plus diversifiés à l international recourant à des techniques sophistiquées pour préserver l éligibilité juridique au pea. Définition de société d investissement à capital variable sicav la sicav est un organisme financier gérant des fonds sous forme de valeurs mobilières actions obligations. A difference of legal status.
