The Variable Capital Company (VCC): What You Need to Know
A different type of corporate vehicle called a Variable Capital Company (VCC) will shortly be made available for Collective Investment Schemes (CIS). Currently, the corporation, limited partnership, and unit trust structures are the organizational forms available to CIS. The VCC is suitable for both closed-ended and open-ended classic and alternative fund strategies. Shares are produced when investments are made and are easily redeemable by the shareholders since they are a corporate vehicle with flexible capital. What are the features of Variable Capital Companies Singapore (VCC) Due to its distinctive features that will give fund managers in Singapore operational flexibility, the innovative suggested structure has attracted a lot of attention from the fund management sector. Key characteristics of a VCC Singapore include the following: The Variable Capital Companies Act (the Act) will control it. The Monetary Authority of Singapore (MAS) will be responsible