Notified Alternative Investment Funds
Notified Alternative Investment Funds (NAIF) are fully compliant AIFs and are included in the List of Notified AIFs by a licensed AIFMD.
A NAIF may be incorporated as a:
- Investment company with an open-ended or close ended variable share capital (SICAV)
- Investment company with a fixed share capital (INVCO)
- An Incorporated Cell Company of a SICAV ICC
- A Contractual Fund
- An Incorporated Cell of a Recognised Incorporated Cell Company (RICC)
Moreover, a NAIF may also take the form of a multi-class fund whereby you have a single fund with multiple share classes, or an umbrella fund which has several sub-funds and share classes.