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THE ADVANTAGES OF THE GRAND-DUCHY OF LUXEMBURG

In 1988 Luxembourg was the first EU member state to adapt its legislation to the European Directive governing Undertakings for Collective Investment in Transferable Securities (UCITS).

Today it is Europe's number 1 investment fund center and the world's leading hub for global fund distribution.

Luxembourg's highly international investment fund industry also benefits from a very stable political and social environment.

Flexible and welcoming authorities, plus a close working relationship between the business community and the Government, should allow Luxembourg to continue strengthening its position as one of the world's most attractive investment fund centers.