A Luxembourg SICAV-SIF can add value to your business
Business service specifically designed for Investment Advisers, Wealth Managers, Insurance Brokerage firms, Family Offices, and Financial Planners who want to reap the benefits of running their own SICAV SIF Fund starting with as little as € 10 million disposable client’s assets.
This is an offer for a hassle-free switch from their current status to that of an Investment Manager of their own Luxembourg regulated SICAV SIF Fund; managing their own portfolios. A sought after solution to the majority of the problems emanating from the implementation of MiFID in the EU Member States.
Those who take advantage of the opportunity will manage their own SICAV SIF Fund, an EU regulated vehicle which is accessible by investors both internationally and from all EU member states.
Luxembourg
Luxembourg is the worldwide leader in Cross Border Fund Distribution and offers the security of being regulated whilst offering the flexibility required by sponsors and investors.
Luxembourg’s international investment fund industry benefits from a very stable political and social environment, with a modern, dynamic and open economy, and a very attractive lifestyle.
As proof of investors’ confidence, Luxembourg is the first of the ten largest investment fund domiciles in EU with 23,2 % of the market (France 22% - United Kingdom 11% & Ireland 10%), and an annual growth rate of almost 38% compared with the 23% for the European industry as a whole.
As a consequence, 76,75 % of all UCITS sold in at least two countries other than their domicile are based in Luxembourg (source: Alfi - PwC/Lipper) compared to 15% for Ireland, and 51% of all UCITS sold in Hong Kong are based in Luxembourg. Luxembourg was the first EU Member State to transpose the EU 1985 UCITS Directive.
A SICAV-SIF is...
… an onshore Luxembourg-branded regulated investment fund; operationally flexible, fiscally efficient, a multipurpose investment vehicle, ideal for independent financial advisers (IFA) and their clients.
The 13th February 2007 law on Specialized Investment Funds (SIFs) implements most of the collective investment vehicles legal benefits.
A SIF is a vehicle designed for sophisticated investors: Institutional, Professional and “Well-Informed” investors.
The “Well-Informed” investor is a natural person who has adhered in writing to this status and complies with one of the following conditions: investing at least € 125,000, or having his/her expertise confirmed by an EU credit institution, an investment firm or a management company.
Persons who are involved in the management of the SIF are also authorized to invest in the fund without complying with the above mentioned requirements.
There are no restrictions on eligible assets including leveraging, making it ideal for Private Equity, Hedge and Property funds amongst others. Risk spreading rules will apply.
Distributions including the redemption of shares are not subject to the EU tax saving directive, hence there is no liability to withholding tax.
An innovative approach to your business
Benefits
- Additional distribution and professional marketing exposure via Nucleus (Holdings) SCA
- Central Fund administration
- An noticeable economy of scale, in terms of both costs and time, by pooling all clients’ assets under one roof
- Online valuations
- Access to facilities such as options, hedging and gearing
- Listing at the Luxembourg FINESTI and in the Financial press
- Life company and institutional acceptance*
- Exposure to rating agencies, eligibility for Investment Awards
- The performance of the fund portfolio is calculated after all costs have been deducted and can therefore be attractive compared to other solutions
*Commercial agreement can be made with our associated company “Plenum Life AG” which is authorized to market Life contracts and portfolio bonds within 8 EU member states ( United Kingdom, Belgium, Netherlands, Luxembourg, Germany, Italy, Austria, France) plus Switzerland and Liechtenstein.
Nucleus (Holdings) SCA and its partners’ streamlined and integrated set-up and administration process means there is no need for you to trade assets or indulge in time-consuming regulatory negotiations.
We handle all the necessary due diligence on your behalf and, because our partners are already approved by the Luxembourg authorities, there is no need for you to obtain further authorisation.
Nucleus, the central point of your new business venture…
Nucleus and its partners organize for you your business of tomorrow.
Please connect now to
www.kmgsicavsif.com
Questions? Please visit the Frequently Asked Questions page for more information
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