Investment Trust governance assigns oversight, disclosure, asset management, valuation independence and audit duties across all key parties.

Schedule IV assigns Investment Trust responsibilities to trustees, investment managers, project managers, sponsors, valuers and auditors. Trustees hold assets for unit holders, supervise key managers, protect subscription monies, oversee unitholder voting and manage replacement of investment and project managers. Investment managers make investment decisions, ensure title, insurance, disclosures, reporting, annual audit and segregation of activities. Project managers operate and complete projects. Sponsors establish the trust, transfer relevant assets or interests and meet holding safeguards. Valuers must act independently and avoid conflicts, while auditors must provide a true and fair audit with access to records and information.

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