Investment management duties: AMC must manage schemes per Trust Deed and Regulations, with trustee approval and disclosure obligations. The Investment Management Agreement requires the asset management company, appointed with trustees' and regulatory approval, to float and manage schemes strictly under the Trust Deed and Regulations, restricts the AMC to specified activities, forbids assuming unlimited liabilities or encumbering scheme property, and bars contraventions of the Regulations; trustees must approve offer documents, the AMC must disclose NAV and repurchase price bases, submit periodic reports, and nominations by individual unitholders are provided in prescribed form with specified eligibility and rescission rules.
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Investment management duties: AMC must manage schemes per Trust Deed and Regulations, with trustee approval and disclosure obligations.
The Investment Management Agreement requires the asset management company, appointed with trustees' and regulatory approval, to float and manage schemes strictly under the Trust Deed and Regulations, restricts the AMC to specified activities, forbids assuming unlimited liabilities or encumbering scheme property, and bars contraventions of the Regulations; trustees must approve offer documents, the AMC must disclose NAV and repurchase price bases, submit periodic reports, and nominations by individual unitholders are provided in prescribed form with specified eligibility and rescission rules.
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