société d'investissement à capital variable

USAGE NOTE
This word may be abbreviated as "SICAV" or "sicav."
le société d'investissement à capital variable
A noun phrase is a group of words that acts like a noun in a sentence or phrase (e.g., un je ne sais quoi).
noun phrase
a. mutual fund
Regionalism used in the United States.
(United States)
Richard souhaite investir dans une société d'investissement à capital variable pour diversifier son portefeuille.Richard would like to invest in a mutual fund to diversify his portfolio.
b. open-ended investment company
Regionalism used in the United Kingdom.
(United Kingdom)
Investir dans des sociétés d'investissement à capital variable peut être rentable.Investing in open-ended investment companies can be profitable.
c. investment company with variable capital
Regionalism used in the United Kingdom.
(United Kingdom)
Je viens d'acheter des actions dans cette société d'investissement à capital variable.I just bought shares in this investment company with variable capital.
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