Societe d'investissement a capital variable

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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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Shares in BBGI SICAV were down 0.5% at 156.74 pence in London on Friday morning.
The launch of the new funds strengthens the Emirates NBD SICAV platform to 10 sub-funds, which earlier included Emirates Emerging Market Corporate Absolute Return Fund and Emirates Global Quarterly Income Fund.
Actively managed, the SICAV funds operate within a highly regulated framework, established in a globally recognised jurisdiction.
The company is currently managing its Mosaic Global Fund SICAV - a Multi-Asset Fund of Funds.
Macquarie Funds Group is also looking to introducetheir "SICAV" products to the Asia market during the late Q3 of 2009.
The innovative Superfund gold fund, which follows a similar trading strategy to Superfund Q-AG but is tied to the performance of gold, was launched as a SICAV Fund in Luxembourg in November 2007 (Superfund Gold A) has since generated a return of 45.70%.
It is in the process of being registered as a SICAV in Luxembourg.
[] Dividends: Rate on direct investment dividends remains 5%; however, such rate will now be available when the beneficial owner is a company that owns 10% of the voting stock of the company paying the dividend and the payer is not a RIC, REIT or French SICAV. Rate remains 15% in other cases (including dividends paid by a RIC, REIT or SICAV).
(Alliance News) - BBGI SICAV SA on Friday said it issued 49.1 million shares at 153.0 pence each as part of a previously announced share issue to raise gross proceeds of GBP75 million.
On 31 March 2019, the three largest shareholders of Internationella Engelska Skolan were Bock Senior Capital Investors S.a.r.l, Barbara Bergstrom via Mountainstream Holding I, S.a.r.l and Paradigm Capital AG (which manages the Paradigm Capital Value Fund SICAV and advises several separate accounts, independent of each other and the mentioned funds).
SICAV - SIF has released its 2016 second quarter report that found its investments support USD1.8 billion in financing to the real economy, reaching nearly 600,000 clients, the company said.