The Common Contractual Fund ("CCF") is one of a range of fund structures available to asset managers wishing to establish a regulated Irish fund. CCFs are tax transparent for investors which makes them particularly attractive for pension funds and asset pooling vehicles.
What is a CCF?
A CCF is an Irish regulated fund structure that can be established either as an undertaking for collective investment in transferable securities ("UCITS") or as an alternative investment fund ("AIF"). A CCF may be established as a single standalone fund or, more commonly, as an umbrella fund comprising one or more sub-funds.
This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.
