An investment fund is a property constituted by contributions from a natural person or a legal entity (shareholder), represented and administered by a managing company responsible for its management, and by a depositing entity which performs monitoring, custody and guarantee functions for the investors.

Such property is divided into shares, the latter being the client´s property titles.

Subscriptions and refunds are made at a price: the NAV (net asset value).


which is the price of an investment fund and how is determined?

which kind of charges fees have an investment fund and how that affect the NAV?

tax treatment of investment funds

rating agencies and types of investment funds

criteria for the classification of investment funds