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Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)

Part I : Collective Investment Schemes

3. Disclosure of information

 

Before entering into a transaction with an investor—

(a) information about the investment objectives of the collective investment scheme, the calculation of the nett asset value and dealing prices, charges, risk factors and distribution of income accruals must be disclosed to the investor; and
(b) information that is necessary to enable the investor to make an informed decision must be given to the investor timeously and in a comprehensible manner.

 

 


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