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    <description>Restricted non-retail schemes must provide comprehensive placement memorandum disclosures on objectives, investors, corpus, strategy, methodology, tenure, fees, expenses, risk management and FME personnel. Material changes to fund strategy require consent from at least two-thirds of investors by value. FMEs must provide periodic net asset value and portfolio disclosures, immediately communicate other material information identified by the FME or fiduciaries, and comply with further applicable disclosure requirements.</description>
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