A “SICAV” is an open-ended investment company, which means that anybody investing in it becomes a shareholder of the company.
A “SICAV” can, for example, be a limited company collecting contributions for a pension fund. The fund's capital increases as and when new investors join.
LUXFUNDS are investment funds created by Spuerkeess over thirty years ago to allow individual investors and businesses to invest and grow their savings over the short, medium, or long term.
Imagine you and your friends want to organise a joint birthday present for another friend. You set up a kitty to raise a certain amount of money and everyone contributes to it. Once all the money has been collected, you buy the gift and give it to the lucky recipient.
An investment fund works along the same lines, but not all investors necessarily contribute the same amount. The amounts invested are therefore divided into units. Each investor knows how many units he owns and the corresponding entitlements and obligations. The capital is then invested in shares, bonds, etc. and the shareholders receive the yield they generate.
Investment funds collect many investors' savings (which become investments). They pool investors' assets, enabling several people to invest together in a fund offering access to securities they would not be able to access on the same terms individually.
Investors entrust their money to an expert who will manage their investments on their behalf, in accordance with the asset allocation rules and the risk profile set for each fund.
Spuerkeess invests assets in several SICAVs („Société d’Investissement à Capital Variable“).
Old-age savings funds, pension funds, etc. – you have probably heard of these products and you may already hold shares in such a fund to secure your future.
Pension funds are probably the most common type of funds. You can invest in them at any moment and for a fixed period of time. Once your pension fund matures, you will receive a certain sum, as stipulated in your initial contract, either in a one-off payment or as a regular monthly income.
As well as the investment funds mentioned above, there are many other funds to choose from. Spuerkeess offers the LUXFUNDS range which includes a variety of investment funds, including green funds that only invest in securities that meet certain CSR criteria.
Investment funds are for you if:
you want your savings to be managed by experts;
you are seeking flexibility to buy and sell at any time;
you want to access a wide range of securities.
To open a pension fund or invest in the LUXFUNDS range, go to S-Net:
For further information, please contact your advisor, who will help you make your choice.
Read the fund's investment policy and check its risk category. It is important to read the fund prospectus or KIID* before you invest.
You must not invest all your savings in the same fund – diversify your investments.
Find out about the fund's transaction fees payable when you invest.
![[Translate to English:]](/fileadmin/_processed_/9/8/csm_384_S_M_Google_Pay_7757d6f1ab.jpg "[Translate to English:]")
Sophie and Marc are always squabbling about the same thing. While Marc is a big fan of Apple products, Sophie goes out of her way to use devices made by…
![[Translate to English:]](/fileadmin/_processed_/2/1/csm_375_FIN_payer_ses_vacances_carte_credit_4bfe865a44.jpg "[Translate to English:]")
That's it, your annual leave is booked, now it's time to start organising your holidays! Has anything unexpected ever happened to you before you went…
![[Translate to English:]](/fileadmin/_processed_/6/c/csm_367_FIN_S-Pension_non_residents__1__2713cc89b8.jpg "[Translate to English:]")
Halfway through our careers, we look back and wonder why we didn’t think about the future sooner. Did you know that even as a non-resident, you can take out a…
![[Translate to English:]](/fileadmin/_processed_/3/1/csm_SP_147_illustrations_blog_janvier_-_epargne_prevoyance_veillesse_jeune_75631356c9.jpg "[Translate to English:]")
Completing studies: check. Finding the first job: check. Having a head full of plans reminds you that you have your whole life ahead of you to achieve them,…
Your child is about to turn 18 - it’s hard to believe he is an adult now! It seems like just yesterday that you held him in your arms for the first time, but…
![[Translate to English:]](/fileadmin/_processed_/8/9/csm_363__Money_Mules_da8d5025a5.jpg "[Translate to English:]")
The recent arrest of 10 offenders on suspicion of being 'money mules' has once again drawn public attention to this money laundering practice. It…
Mum can already feel the first kicks in her tummy and Dad is eager to know the baby's sex, while Grandma cannot wait to spoil the baby and Grandpa is…
The holidays may already seem a long time ago, but the university year has only just started. Wasn’t it great to be able to switch off your alarm, spend time…
![[Translate to English:]](/fileadmin/_processed_/6/5/csm_346__FIN__Pret_Flexibilite__Julie___Charles_c9ccc61ae1.jpg "[Translate to English:]")
'Should we buy or rent?', ask Julie and Charel, a young couple in the process of making life's big decisions. Having recently completed their…
![[Translate to English:]](/fileadmin/_processed_/d/0/csm_344__FIN__Pret_Pension_799de34e3d.jpg "[Translate to English:]")
Many unforeseen events can occur in life: a desire to move elsewhere for a work opportunity, downsizing your home as you approach retirement, a divorce or…
"It’s a fact that most of our customers open a savings account for their children at birth. And being a young father myself, I perfectly understand that…
Perhaps you're leaving home to go to university, move in with your partner or simply because it's time. Congratulations! From now on, you can deck…
