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SICAV. Acronym for the legal structure
of a "Société d'investissement
à capital variable". Translated into
English, it means open-end investment company.
Because Sicavs generally hold a range of sub-funds,
in English they are sometimes called umbrella
funds.
Sector. Acronym for the legal structure
of a "Société d'investissement
à capital variable". Translated into
English, it means open-end investment company.
Because Sicavs generally hold a range of sub-funds,
in English they are sometimes called umbrella
funds.
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