Difference Between Axe and Hatchet. Both axe and hatchet are tools or implements used since old times by mankind for cutting, splitting, and shaping of wood. Both look similar and serve similar purposes. However, axe and hatchet are different tools, as otherwise why would there be two different names for the same tool.
SICAV is an acronym in French for societe sociÃ©tÃ©'d investissement a Ã , capital variable which can be 'translated as investment company with'. variable capitalccording to the Swiss Federal Act on Collective Investment Schemes (Collective Investment Schemes Act-CISA), an open-ended collective investment scheme may be in the form of a contractual fund or an investment company with variable capital (SICAV).
It is within the frame work of the SIF 2007 law that SICAV SIFs in general and the. KMG SICAV-SIF platform, in particular, operate. A SICAV SIF is an onshore Luxembourg investment fund.A SIF takes a collective investment approach to investor funds and applies the principle of risk diversification.It can be structured as (amongst others) an open ended legal entity with variable capital (SICAV) which may create dedicated funds with different investment policies. SIF takes a collective investment approach to investor funds and applies the principle of risk diversification. It can be structured as (amongst others) an open ended legal entity with variable capital (SICAV) which may create dedicated funds with different investment policies.