collective investment scheme
nounDefinitions
A way of investing money with other people to participate in a wider range of investments…
A way of investing money with other people to participate in a wider range of investments than may be feasible for an individual investor, and to share the costs of doing so.
- The definition of primary importance is of course the definition of "collective investment scheme" itself. That is to be found in s.235 of FSMA 2000.
- If a fund is structured as a collective investment scheme, it cannot be marketed to the general public unless it is authorized.
The neighborhood
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No curated loop yet for collective investment scheme. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA