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Authorised investment fund  (AIF) - Financial definition

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  Concise definition of the term authorised investment fund

An authorised investment fund (AIF) is a type of collective investment scheme (CIS) in the UK that has been authorised by the Financial Conduct Authority (FCA).

  Comprehensive definition of the term authorised investment fund

The FCA authorisation is required in order for the fund to be offered to UK retail investors.

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