SIF - Specialised Investment Fund

The Three SIF Structures

• SICAV-SIF (open-ended investment company). The most popular SIF structure, this takes the form of a public limited company, partnership limited by shares, limited liability company or a cooperative company organised as a public limited company, with the sole purpose of investing funds in securities.
• FCP-SIF (mutual fund). This is an undivided pool of securities composed and managed on behalf of joint owners who are liable only up to the amount of their contribution and whose rights are represented by units reserved for one or more well-informed investors. This undivided pool is represented and held on behalf of investors by a management company established in Luxembourg.
• Specialised investment funds without the legal form of an FCP or SICAV. These funds are still governed by the SIF law but do not take either of the above legal forms. They are subject to chapter 4 of the SIF law.

For more information about SIFs please contact us.