CmaBylaw
Executive Bylaws
2-22-3 Information Prohibited in the Financial Promotion of a Fund Of Module Thirteen: Collective Investment Schemes
Section: Chapter Two: Funds
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Monday, 13 February 2017
A Fund Manager shall be prohibited, when preparing the Financial Promotions, in mentioning any of the following information: 1. An expected future or potential prices for the Fund’s Units. 2. To expect the total return or the investment performance of the Fund or its Unit holders, except in the following cases: a. A Fund with guaranteed capital. b. A Fund that guarantees minimum returns. c. A Fund that aims to achieve a better performance than that of the key performance indicator (KPI). 3. Any statement about the profits attained by some Persons as a result of participation in the Fund or in other Funds managed by the same Fund Manager.
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