CSSF - Commission de Surveillance du Secteur Financier.

IFAs - Independent Financial advisors.

AIFMD - Alternative Investment Fund Manager Directive, is a European Union (EU) regulation that applies to hedge funds, private equity funds, and real estate funds.

IFA Luxembourg – International Fiscal Association.

SICAV - A Société d'investissement à Capital Variable, or SICAV, is a publicly traded open-end investment fund structure offered in Europe. SICAV funds are similar to open-end mutual funds in the U.S. Shares in the fund are bought and sold based on the fund's current net asset value.

RAIF – Reserved Alternative Investment Fund, the RAIF is a flexible, multipurpose alternative investment fund regulated through its relevant manager, under the AIFMD.

SIF - Specialized Investment Funds, is a regulated, operationally flexible and fiscally efficient multipurpose investment fund regime for an international, institutional and qualified investor base.

UCITS – Undertaking for Collective Investments in Transferable securities, provides a single European regulatory framework for an investment Vehicle.

Feeder Fund – A fund that invests only in another fund typically called Master Fund.

Master Fund – A master fund is a collective pool of assets used in a master-feeder investment structure, which offers the benefit of reduced operating costs and trading expenses.