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Securities Markets Regulations, 2015 · s 161
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Securities Markets Regulations, 2015 · s 161
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
An operator of a feeder fund must ensure that the collective investment scheme prospectus discloses -
(a} a prominent risk warning to alert prospective unit holders to the fact that they will be subject to higher fees arising from the layered investment structure; and
{b}
the fees arising at the level of
(il the feeder fund itself;