Structured investment vehicles funds structuring invest in high-quality assets. The vehicles borrow short-term funds through issuing commercial paper, and then invest the proceeds in long-term assets. The funds are usually borrowed from money markets. This allows them to invest in the same assets as a bank, but without the bank's risk management. It also allows the SIV to profit from the credit spread between short-term and long-term securities. This spread is calculated and shared with the investment manager. Typically, the higher interest rate is 0.25% to 0.50% higher than the cost of funding.