What Is a Nurs Fund
What Is a Nurs? Non-Ucits Retail Schemes (Nurs) Are Funds That Do Not Comply with All the Conditions to Which Ucits Are Subject. Nurs Can Invest in a Wider...
What is a NURS? Non-UCITS Retail Schemes (NURS) are funds that do not comply with all the conditions to which UCITS are subject. NURS can invest in a wider range of eligible investments (e.g. real estate) and there are slightly less restricted borrowing rules.
What is the difference between UCITS and Nurs?
NURS funds are considered more complex than UCITS funds because they may invest in assets for which it is harder to confirm an accurate price, and which may be more illiquid. NURS funds may also concentrate investments in particular assets, or types of assets, than is permitted in a UCITS fund.
How does a UCITS fund work?
UCITS is a financial vehicle that allows a group of investors to invest their money under a predetermined investment objective. The UCITS have a fund manager, who is responsible for investing money in the underlying securities. By investing in a UCITS, essentially, the investor buys units and becomes a unitholder.
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