International Collective Investment Schemes (ICIS) is an investment tool for the clients of fund managers. It consists of a relatively safe investment opportunity since it has a specific objective, projected target return and risk profile, which must be set out in the Offering Memorandum.
The investments of the Fund are made by specialized management (directors or the managers) and can consist of securities, bonds, foreign exchange dealings and other financial instruments. It accumulates funds of high net worth in a collective scheme, which is flexible, with minimum regulatory supervision and it can be used as investment vehicle for property investments.
