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

Board Notices

Determination on the requirements for hedge funds

Part 3 : Retail Hedge Fund

7. Fees

 

A manager must—

(a) specify in its founding documents the maximum level of all fees charged by the manager to the retail hedge fund;
(b) give investors reasonable notice, but not less than three months, of any increase in the fees referred to in subparagraph (a).

 

 


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