This Notice stipulates the portfolios which may comprise a collective investment scheme in securities, the types of investments that may be included in portfolios of a collective investment scheme in securities as well as the conditions, limits and the manner in which the portfolios and securities may be included in a collective investment scheme in securities.

The principles governing managers of collective investment schemes in respect of the administration of collective investment schemes as provided in the Act continue to apply. A manager must administer a collective investment scheme honestly, fairly, with skill, care and diligence and in the interest of investors. In the inclusion of investments in a portfolio of a collective investment scheme, the manager must ensure that all investments have been subjected to adequate due diligence in line with the investment objectives of the applicable portfolio.