المادة 58: Fund of Funds

Article 58: Fund of Funds

a. A fund of funds may retain up to (5%) of its total assets as cash and cash equivalents.

b. A fund of funds shall invest in a minimum of (3) investment funds. The minimum investments in each such investment funds shall be (5%) of the fund of funds’ net asset value, this percentage does not apply to the fund's investments in additional investment funds.

c. Not more than (50%) of a fund of funds’ net asset value may be invested in a single investment fund.

d. A fund of funds may invest its money and assets in private funds, provided that does not exceed (10%) of the fund net assets value.