Each Fund shall have an Investment Controller appointed by the Fund Manager after obtaining the approval of the Authority, and shall be committed to the following: 1. Ensure that the Fund Manager complies with the Law, these Bylaws and the Authority’s decisions and instructions, Articles of Association, Prospectus, and any other documents issued by the Fund Manager. 2. To appraise the investment shares or Units in such methods and at such times as are specified thereof in the Fund’s Articles of Association. 3. Ensure that the Fund Manager undertakes the responsibilities thereof, in a manner that achieves the interest of the Unit holders in accordance with the Fund’s Articles of Associations and the provisions set forth in these Bylaws; and ensure that the fund’s monies are invested within the methods and policies set out in its Articles of Association. 4. Approve any transactions that involve a conflict of interest. 5. Meet at least twice annually with the Executive Committee of the Fund to review the Fund compliance with the Law, these Bylaws, the Authority’s decisions and instructions, Articles of Association, Prospectus, and any other documents issued by the Fund Manager. 6. Notify the Authority of any Violations committed by the Fund Manager.