Register of UCITS and alternative investment funds
According to the Acts on UCITS funds and alternative investment funds, they are obliged to hold an operating licence and are therefore not allowed to be marketed to retail investors without the approval of the Central Bank of Iceland. Here you will find a list of the funds that have received the required approval.
UCITS
UCITS are collective investment undertakings, run by a management company that has been licensed to do so. The activities of UCITS, including redemptions and investment authorisations, are subject to Act no. 116/2021 on UCITS. Article 30 of the same Act also stipulates that the Central Bank shall publicly publish a list of the UCITS it has approved.
- UCITS which have been approved by the Central Bank of Iceland
- A list of foreign UCITS which have notified their pending marketing in Iceland
Alternative investment funds
Alternative investment funds for retail investors are collective investment undertakings, and they are subject to Act no. 45/2020 on the managers of alternative investments funds. Such funds shall be managed by a company that has been licensed to conduct operations of this kind and to market its units to the public. Article 83 of the same Act also states that the Central Bank must publicly publish a list of the funds it has approved.