At first glance, the principle seems uncontroversial: no one should profit from their own wrongdoing. This idea sits at the heart of the forfeiture for killing rule, a long-standing doctrine of law that prevents a person from inheriting from someone whose death they were responsible for causing.

A CCIV is an umbrella investment structure set up as a company limited by shares which can hold multiple sub-funds. Each sub-fund has its own allocated assets and liabilities, and operates as a separate business to any other sub-fund within the CCIV. No AFSL is needed by the operator of the funds, as the CCIV Corporate Director is licensed.