New Millennium SICAV is a Luxembourg-domiciled umbrella fund of 16 sub-funds, compliant with the UCITS V Directive. It has been founded in 1999 by Banca Finnat, an Italian financial intermediary with recognized professionalism, that is the sponsor, the Main Distributor and, for some sub funds, the Investment Manager.
Each SICAV’s subfund has an investment policy focused on a specific asset class, geographical area, currency, sector or a particular investment strategy.
New Millennium SIF-SICAV is a "Specialized Investment Fund" launched in 2007 by Banca Finnat. It is subject to the supervision of the CSSF.
Currently it has three sub-funds reserved to institutional or professional investors.
Fond'Azioni SICAV-RAIF is a reserved alternative investment fund (RAIF) which was established by the will of some Italian banking foundations together with Banca Finnat to better pursue the interests of these particular institutional investors.
Each banking foundation has one or more dedicated Sub-Funds (currently 3 Sub-Funds).
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