New Updated Fund Structure and objectives

1. Members should disclose:

  1. The fund type and structure
  2. Domicile, governing law
  3. Whether or not the Fund is authorised, by which regulator, and the authorisation category, e.g. NURS, QIS, UCITS, PIF, QIF.
  4. Whether the fund is closed-ended, open-ended or partially open-ended.

 

2. The following should also be disclosed:

  1. Investment objectives
  2. The policy for achieving the objectives
  3. Any investment restrictions
  4. The types of investors that are eligible to invest in the fund.

 

3. Funds should disclose:

  1. How its policies are agreed and can be changed
  2. Who is responsible for appointing third party valuers, managing agents advisors and providing the neccessary information
  3. The conflict of interest policies applicable to the fund, and who has responsibility for identifying, managing and monitoring conflicts of interests; these can be provided on request.