Undertakings for Collective Investment in Transferable Securities

= UCITS
A set of rules introduced by the European Union in 1989 to regulate the sale of unit trusts and investment trusts within the Union.

Accounting dictionary. 2014.

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  • Undertakings for Collective Investment in Transferable Securities — Also known as UCITS. Dresdner Kleinwort Wasserstein financial glossary unit trusts which can be marketed throughout Europe provided they are registered with their domestic regulator as such. Dresdner Kleinwort Wasserstein financial glossary See… …   Financial and business terms

  • Undertakings for Collective Investment in Transferable Securities Directives — The Undertakings for Collective Investment in Transferable Securities Directives 2001/107/EC and 2001/108/EC (or UCITS ) are a set of European Union Directives that aim to allow collective investment schemes to operate freely throughout the EU on …   Wikipedia

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  • Undertakings For The Collective Investment Of Transferable Securities - UCITS — A public limited company that coordinates the distribution and management of unit trusts amongst countries within the European Union. These funds can be marketed within all countries that are a part of the European Union, provided that the fund… …   Investment dictionary

  • collective investment scheme — A system for pooled investment in securities where investors combine their resources to buy investments together. It is achieved through the medium of unit trusts or investment trusts. The benefit to the small investor is the ability to spread… …   Financial and business terms

  • Open-ended investment company — An Open ended investment company (abbreviated to OEIC, pronounced oik ) or Investment Company with Variable Capital (or ICVC) is a type of open ended collective investment formed as a corporation under the Open Ended Investment Company… …   Wikipedia

  • UCITS — Undertakings for Collective Investment in Transferable Securities (Business » General) …   Abbreviations dictionary

  • Mutual fund — This article is about mutual funds in the United States. For other forms of mutual investment, see Collective investment scheme. A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors… …   Wikipedia

  • Types of business entity — Companies law Company  …   Wikipedia

  • ICVC — An ICVC or Investment Company with Variable Capital is a type of open ended collective investment formed as a corporation under the Open Ended Investment Companies Regulations of the United Kingdom. They are also known as OEICs (pronounced oik )… …   Wikipedia

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