Collective investment undertakings may operate as undertakings for collective investment in transferable securities (UCITS) managed by UCITS management companies or by UCITS investment companies authorised under Directive 2009/65/EC or as alternative investment funds (AIFs) managed by alternative investment fund managers (AIFMs) authorised or registered under Directive 2011/61/EU.
Féadfaidh gnóthais chomhinfheistíochta feidhmiú mar ghnóthais le haghaidh comhinfheistíochta in urrúis inaistrithe (GCUIanna) arna mbainistiú ag cuideachtaí bainistíochta í GCUIanna nó ag cuideachtaí infheistíochta GCUIanna atá údaraithe faoi Threoir 2009/65/CE nó mar chistí infheistíochta malartacha (CIManna) arna mbainistiú ag bainisteoirí chistí infheistíochta malartacha (BCIManna) atá údaraithe nó cláraithe faoi Threoir 2011/61/AE.