A Luxembourg firm, Icon Capital Sarl oversees the ICON Investments Fund. Icon Capital Sarl and its team possess a wealth of experience managing the securitization fund, which is structured as an umbrella fund.
2. A Luxembourg firm, Icon Capital Sarl oversees the
ICON Investments Fund. Icon Capital Sarl and its
team possess a wealth of experience managing
the securitization fund, which is structured as an
umbrella fund.
Comprised of several sub-funds, an umbrella fund
is a mutual fund that gives people an opportunity to
diversify their investments. Each sub-fund focuses
on a different market and, depending on its
management team, can have varying investment
strategies.
3. Allowing a person to keep working with the same
management entity, an umbrella fund is particularly
beneficial to investors who want to allocate money
in more than one investment, but do not wish to
accrue additional fees. Investors can easily
transfer their money from one sub-fund to another
under a single umbrella fund. Since the transaction
remains within the fund, an investor does not have
to sell a share or shares of one investment to use it
to purchase another, thus resulting in no extra
fees.