en     ru     jp
 
 
private banking
private banking
private banking
private banking
private banking
private banking
private banking
     
 
Home
      
Knowledge Base
      
Financial Glossary
      
SICAV (Mutual fund)
       
 
Back

SICAV (Mutual fund)

 Search definitions     
  Search  

SICAV (Mutual fund)
Société d'Investissement À Capital Variable - SICAV
    
Company having a legal status and which purpose is the management of a Portfolio of bonds for the account of its share holders .
    
A type of Open-ended investment fund in which the amount of capital in the fund varies according to the number of investors. Shares in the fund are bought and sold based on the fund's current Net Asset Value. SICAV funds are some of the most common investment vehicles in Europe.
    
A SICAV fund, considered a legal entity, Will have a board of directors to oversee the fund. Each individual shareholder receives voting rights and has the right to attend the annual general meetings. The term Société d'investissement à Capital Variable is most well known and used in France, Luxembourg, and Italy where it's called Societa' di Investimento a Capital Variable .
Posted by  marcus evans limited
 
  Back  
  Print  
  Email  

 

private banking
private banking
private banking
private banking
private banking
private banking
private banking

 
Home News Library Newsletters Event Calendar Advertise About Contact FAQ
Privacy Policy     Terms of Service
 

©