The ICAV is an additional corporate fund structure designed for Irish investment funds complementing the existing range of fund vehicles available. ICAV has been introduced in an effort to minimise the administrative complexity and cost of establishing and maintaining collective investment schemes in Ireland when compared with the Irish plc.
The ICAV Toolkit, jointly developed by RBC Investor & Treasury Services and Matheson, provides a detailed overview for investment managers looking to establish, convert or migrate a new or existing corporate fund vehicle in Ireland.