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Investment fund under Luxembourg law
An investment fund established by a Swiss or other management company, based in Luxembourg but usually for the domestic market. Unlike Swiss products, these funds enjoy certain fiscal advantages, e.g. income is exempt from withholding tax.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
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