Real Estate Investment Trusts (FII)

The FII have limited liquidity. They are products of long-term investment.

Real Estate Investment Funds (FII) invested in different types of properties for rent exploitation. Therefore, the yields obtained both income they earn from renting the property as price developments.

When lining corporate form are called real estate investment trusts (SII).

They are only required to allow redemptions of shareholders once a year and calculate the net asset value once a month. Therefore offer little liquidity. They also have very high redemption fees, which are decreasing over time. These two features make the product suitable only for the long term.
Investment companies (SICAV)

The investment companies (SICAV) are corporations and they bring their money savers become shareholders. The shares of the SICAV may be traded on stock exchanges or you can invest in them through a procedure similar to the issue and redemption of mutual funds.

Usually considered an investment vehicle for private banking, aimed at high net worth individuals.
ETFs

Exchange-traded funds, also known as ETFs in English (“Exchange Traded Funds”) are those whose shares are traded on stock exchanges just like if they were shares in a company. Its investment policy is to replicate the evolution of a stock index or financial, such as IBEX35. Continue reading →