INPROFORUM 2013

On the New Legal forms of Collective Investment
Martin Janku

Language: en
Last modified: 2013-10-29

Abstract


In July 2013 the new Act on Investment Companies and Investment Funds entered into effect  The Act replaces the former Act on Collective Investment and brings to market several new legal forms of collective investment, which will be used mainly by those who establish funds for qualified investors.

The paper briefly analyses the basic features of the new regulation, with particular focus on new forms of collective legal investment - trusts, a Investment  company with variable capital (SICAV) and partnerships limited  by investment certificates (SICAR). The task of the new legal forms is to approach the legislation to practices and legal forms abroad and make the collective investment in the Czech Republic more attractive especially for foreign investors.


Keywords


Collective investment funds; Qualified investors funds; Trust; Investment company with variable capital; Partnership limited by investment certificates

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