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Chapter 11 -Revised Code On Collective Investment Schemes - Coggle Diagram
Chapter 11 -Revised Code On Collective Investment Schemes
Key changes
Strengthening Core Investment Requirements for Schemes
Introducing a list of permissible investments for funds;
transferable securities
money market instruments;
eligible deposits
units in other schemes;
financial derivatives;
shares or securities equivalent to shares that are not listed for quotation or quoted and have not been approved for listing for quotation or quotation on an organised exchange.
Strengthening safeguards on the use of financial derivatives and counterparty requirements
Enhancing guidelines on securities lending activities;
Enhancing requirements for funds investing in structured instruments;
Introducing New Guidelines for Specialised Fund Categories
Establishing new guidelines for funds which track an index
Introducing the concept of weighted portfolio maturities for money market funds;
Other Safeguards to Enhance Investor Protection
Standardising the methods used to calculate any performance fees imposed
Introducing principles on the naming of funds (schemes);
Prohibiting the use of simulated past performance data for disclosure of performance figures