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Pooled Investment Vehicle

A fund entity that combines capital from multiple investors and invests it collectively through an adviser, with gains and losses allocated under each investor's interest.

What traders should verify

For Pooled Investment Vehicle, inspect the legal structure, adviser and Form ADV, investor eligibility, strategy, holdings, fees, leverage, liquidity, conflicts, and reporting date.

Do not conflate

The label Pooled Investment Vehicle does not by itself establish registration status, current holdings, liquidity, risk, performance, or investor eligibility.

Primary source

SEC definition

Source boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.

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