Specialized Investment Fund definition clarified, enabling registered mutual funds to launch investment strategies without separate trust. Accredited Investor is defined by reference to the Alternative Investment Funds Regulations; a Specialized Investment Fund is a mutual fund subject to chapter conditions; Investment Strategy means a scheme launched under the Specialized Investment Fund; a mutual fund registered under the cited registration provision need not establish a separate trust to launch an Investment Strategy.
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Provisions expressly mentioned in the judgment/order text.
Specialized Investment Fund definition clarified, enabling registered mutual funds to launch investment strategies without separate trust.
Accredited Investor is defined by reference to the Alternative Investment Funds Regulations; a Specialized Investment Fund is a mutual fund subject to chapter conditions; Investment Strategy means a scheme launched under the Specialized Investment Fund; a mutual fund registered under the cited registration provision need not establish a separate trust to launch an Investment Strategy.
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