A type of investment fund that uses a company structure. A CCIV is set up using one or more sub funds and an investor can buy shares in one or more of those sub funds. A CCIV has a different legal structure to a managed investment scheme and must be registered as a company with the Australian Securities and Investments Commission (ASIC), using an Australian Company Number (ACN). Each sub fund has its own Australian Registered Fund Number (ARFN).
For more information, see Choosing a managed fund.