Fonds commun de placement
From Wikipedia, the free encyclopedia
Fonds commun de placement translates to "Pooled funds", and are similar to open-ended mutual funds in the United States.
Commonly referred to as FCP or F.C.P., these financial instruments are unit trusts that are the similar to the Sicav; both exist alongside one another. They aren't investment companies; they're more like open partnerships. 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.
[edit] See also
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Collective investment schemes: Common contractual funds • Fonds commun de placements • Investment trusts • Hedge funds • Unit trusts • Mutual funds • ICVC • SICAV • Unit Investment Trusts • Exchange-traded funds • Offshore fund • Unitised insurance fund Styles and theory: Active management • Passive management • Index fund • Efficient market hypothesis • Socially responsible investing • Net asset value Related Topics: List of asset management firms • Umbrella fund • Fund of funds • UCITS |
