Fonds commun de placement
Fonds commun de placement translates to "investment funds" or "mutual funds", and are open-ended collective investment funds. The legal structure is neither a trust or a company and are more like an open ended partnership. They are similar to common contractual funds in Ireland, tax transparent funds in the UK and "fondsen voor gemene rekening" in the Netherlands.
In France, commonly referred to as FCP or F.C.P., these financial instruments are collective investments that are similar to the SICAV. They are not investment companies. They have no independent legal status but exist as a set of defined relationships between investors, managers and custodians.[1] They invest in different financial instruments, but they do not have the tax status of the SICAV.
They are typically issued in the French-speaking countries of Europe.[citation needed]
See also
- Common fund
- Collective investment scheme
References
- ^ "Luxembourg Investment Fund Management". Retrieved 2008-08-22.
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fund
structures
- Common contractual fund (CCF)
- Exchange-traded fund (ETF)
- Fonds commun de placement (FCP)
- Fund of funds
- Index fund
- Investment trust
- Hedge fund
- Labour-sponsored venture capital corporation
- Listed investment company
- Mutual fund
- Offshore fund
- Open-ended fund company
- Open-ended investment company
- Pension fund
- Private-equity fund
- Qualifying investor alternative investment fund (QIAIF)
- Real estate investment trust (REIT)
- Royalty trust
- Short-term investment fund
- SICAV
- Split capital investment trust
- Tax transparent fund
- Umbrella fund
- Unit investment trust
- Unit trust
- Unitised insurance fund