Protection of unit holders' interests requires trustees and managers to ensure disclosure, avoid conflicts and segregate scheme assets. Trustees and Collective Investment Management Companies must protect the interests of all classes of unit holders, ensure timely dissemination of adequate, accurate and simple information about investment policies and financial position, avoid conflicts of interest, maintain scheme-wise segregation of funds and assets, make investments in accordance with stated investment objectives, refrain from unethical marketing or inducements, and conduct activities with integrity and honesty.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Protection of unit holders' interests requires trustees and managers to ensure disclosure, avoid conflicts and segregate scheme assets.
Trustees and Collective Investment Management Companies must protect the interests of all classes of unit holders, ensure timely dissemination of adequate, accurate and simple information about investment policies and financial position, avoid conflicts of interest, maintain scheme-wise segregation of funds and assets, make investments in accordance with stated investment objectives, refrain from unethical marketing or inducements, and conduct activities with integrity and honesty.
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