A Jersey fund can be established as:
- a limited partnership: a standard limited
partnership, separate limited partnership or incorporated
limited partnership or limited liability
partnership;
- a unit trust; or
- a company: a standard Jersey company, protected
cell company ("PCC") or incorporated cell company
("ICC").
UNIT TRUSTS
A unit trust is not a separate legal entity but is constituted
by an agreement in writing, commonly known as a
"trust instrument", between a manager and a trustee
(or by a trustee which also acts as manager). The trust
concept has been recognised in Jersey for over one hundred
years and trusts generally are now governed by the provisions
of the Trusts (Jersey) Law, 1984.
