# Actively Managed Certificates (AMCs) ### Actively Managed Certificates (AMCs) Once your equity is placed into the fund structure, TheAngel issues Actively Managed Certificates (AMCs), which are: * Investment notes representing ownership * Backed by underlying startup equity * Issued per compartment (per startup) * Tradeable * Regulated under EU securitisation law **This model dramatically increases investor confidence because AMCs:** * Are standardised financial instruments * Can be priced transparently * Can be custody-held * Have familiar legal status and documentation Each AMC is a tokenised representation of a real, legally defined security. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.theangel.app/tokenisation-and-legal-structure/actively-managed-certificates-amcs.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.