The structure of the fund offers multiple advantages to its investors and partners.
  1. Diversification/Reactivity
  2. Cost Efficiency
  3. Tax Optimization/Compliance

The client benefits from an increased diversification.

The structure of the fund also allows more flexibility
as well as the possibility to adjust rapidly to risk levels of the financial markets.

The client benefits from lower costs.

The fund, due to its size, obtains institutional pricing for execution,
custody and administration.

The client benefits from an efficient tax vehicle.

There is no stamp duty
and no direct taxation of the capital gains on individual positions.
PCA SICAV-SIF, SCA /  Authorized & Regulated in Luxembourg by the CSSF - Legal Disclosure