A common fund is a form of collective investment scheme based upon contractual law rather than being enacted through a trust, corporation or insurance policy. The model for this type of arrangement is the Fonds commun de placement common in France and Luxembourg.
A common fund is a form of collective investment scheme based upon contractual law rather than being enacted through a trust, corporation or insurance policy. The model for this type of arrangement is the Fonds commun de placement common in France and Luxembourg.
Source: Wikipedia "Common fund" · CC BY-SA 4.0
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