المادة 37: Public Fund Distributions

Article 37: Public Fund Distributions

a. The fund manager is obliged to distribute dividends to unitholders, unless stated otherwise in the Fund’s Terms and Conditions.

b. The fund operator shall be responsible for the process of dividends distribution to unitholders.

c. If dividends are distributed to unitholders, the distribution must be in accordance to the public Fund’s Terms and Conditions, and must be announced immediately on the fund manager’s website and the Exchange’s website or any other website available to the public according to the controls set out by the Authority (where applicable), and it must be reported in the public funds reports prepared by the fund manager and pursuant to Article (78 ) of these Regulations.

d. The fund manager may not claw back any dividends made to the unitholders.