A Mutual Fund is an investment vehicle made up of a pool of money collected from many investors for the purpose of investing. It is one of the most popular methods of investing throughout the world because it diversifies the risk among the investors.
A Private Fund is a kind of Mutual Fund which is not open for subscription to everybody. The number of Investors are restricted and the details of the investors are not required to be made public.
The Seychelles Mutual Fund & Hedge Fund Act offers an excellent and tax effective structure for the fund business through offshore investing. A Mutual Fund in the Seychelles can be constituted as a company, trust or a partnership.
The most common structure for investment in mutual funds is the International Business Company (IBC), or the Protected Cell Company (PCC).