Undertakings for Collective Investment in Transferable Securities

Under its Collective Investments Schemes legislation, Gibraltar has enacted all the European Union directives necessary for the establishment of retail UCITS. including UCITS IV. This will enable UCITS management companies to use their management passport to potentially manage Gibraltar domiciled UCITS, which can be set up as either feeder or master funds. The tax efficiencies of Gibraltar also make it a desirable location from which to establish a UCITS management company. A UCITS fund established in Gibraltar can passport its activities to other EU member states.

Non UCITS retail funds may also be authorised in Gibraltar and are capable of being individually recognised by other member states on a reciprocal basis for the promotion of its shares.

In order to discuss which type of fund may be most appropriate for you please contact:

[email protected]

or by telephone on +350 200 76458.