במבנה השקעה מסוג איגוח העמלות עשויות להיות נגבות באופן שונה מאשר בקרן או בתעודה מנוהלת אקטיבית (AMC). הנקודה הראשונה שיש לזכור היא שמבנה...

תקנות חדשות בשנים האחרונות מדינות רבות התאחדו כדי לפצח את השימוש בחשבונות וישויות זרות לצורך העלמת מס והלבנת רווחים מפשע. זה היה תהליך...

New regulations In the last 15 years many countries have come together to crack down on the use of foreign accounts and entities for tax...

גרף זה מציג את הביצועים היומיומיים של מוצר פיננסי (שהוקמה במציות) עם עלויות גבוהות. הגרף משתרע על תקופה של כעשרה חודשים, החל מתאריך השקת...

In a Securitisation the fees may be charged differently from in a fund or Actively Managed Certificate (AMC).   The first point to...

An AIFM, or Alternative Investment Fund Manager, is (in general terms) a regulated fund manager which all European alternative funds...

Firstly, the recent tax change in Luxembourg indicates Luxembourg is serious about taking action to boost the Luxembourg securitisation...

Aggregation: Securitisation can be useful for regular investors who want to invest in opportunities which are only open to large...

Simplify the investment process for investors The Securitisation has an ISIN (International Securities Identification Number), which...

Many investment opportunities are illiquid, meaning that investors cannot withdraw their money for a certain period (which can even be...

Securitisations usually do not need to be supervised by (or bear the cost of preparing detailed reports for) financial regulators, and...

Yes! The Securitisation is tax neutral, so there is no tax when the profits from the underlying asset are paid to the Securitisation, and...

IRA (Individually-managed Retirement Accounts): Some pensions allow the saver to select specific investments for part of their pension...

Protection for investors – Board and Auditors, and optional regulated Risk Manager The Securitisation's professional directors have legal...

The blog posts on this site are intended to provide an accessible introduction to highly technical subjects, and accordingly they make...

To answer this, we need to first ask what is a security? It can be defined as something like "certificates issued in series by a...

Luxembourg law has just been updated in a way that now gives tax certainty for Securitisations which are owned by Dutch foundations....

This is a structure chart for a basic securitisation structured product. There is a corporate entity in Luxembourg (e.g. S.a r.l.) which...

A key ingredient of Securitisations is that they are managed "passively". This means that once the Securitisation has made its...

The key difference is in the name: "Actively Managed". AMCs have a history in Swiss banks, with banks issuing certificates which describe...