Investor disclosures for retail schemes require material offer information, periodic NAV and portfolio reporting, and consent for strategy changes. Retail-scheme offer documents must contain material investment information, including objectives, investor profile, scheme strategy, tenure, fees, ... Summary
Investor disclosures for retail schemes require material offer information, periodic NAV and portfolio reporting, and consent for strategy changes.
Retail-scheme offer documents must contain material investment information, including objectives, investor profile, scheme strategy, tenure, fees, risk-management practices, and relevant fund management entity details. Material changes to fund strategy require consent from at least two-thirds of investors by value. Net asset value must be disclosed daily for open-ended schemes and weekly for close-ended schemes. Portfolios must be disclosed quarterly within one month of quarter-end, while other material information must be communicated immediately.
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