Why invest with SICAV SIFS?
According to industry professionals, the freedom of investment without any quantitative, qualitative or geographical diversification restriction, the freedom of choice between open or closed fund and the absence of constraints on the number of subscribers make the Sicav SIF the more effective and efficient instruments to manage and protect assets.
What are the net assets of the SIFs?
The net assets represent 74.03% of the total assets of the UCITS. From among the 2,095 Sicav, 1,070 are Sif. The SIF (Specialised Investment Funds) are investment vehicles governed by the 2007 law of Luxembourg for well-informed investors. The current legal framework allows you to invest in multiple asset types, including the specialised ones.
Is the share capital fixed in a SICAV?
In the Sicav the assets themselves of the company are invested in financial instruments or other assets. The share capital is equal to the net assets, therefore, with respect to the joint-stock company it is not fixed.
How many SICAV are there in Luxembourg?
Of the 4,193 undertakings for collective investment in Luxembourg, the legal form most widely used is the Sicav. As of 31 December 2014 there are about 2,095, up by 0.29% compared to 2013. The net assets represent 74.03% of the total assets of the UCITS. From among the 2,095 Sicav, 1,070 are Sif.