Societe d'investissement a capital variable

Societe d'investissement a capital variable

An actively-managed investment company in Europe in which the amount of capital is dependent on the number of shareholders in the SICAV. It is structured much like a mutual fund in the United States and is a very common investment vehicle in Luxembourg, France, and Italy.
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Kotak Funds is an open-ended investment company organised as a Societe d'Investissement a Capital Variable (SICAV) under Part I of the 20 December 2002 Luxembourg law relating to undertakings for collective investment schemes (UCITS).
and EU investment products, including unit trusts, Open Ended Investment Company, Societe d'Investissement a Capital Variable, investment trust savings plans, equities, personal equity plans and individual savings accounts.
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