Article 71: Borrowing to Meet Redemption Requests
As published by the Capital Market Authority and read from the source by the regulation watch; reproduced verbatim, with attribution and a link to the source.
Article 71: Borrowing to Meet Redemption Requests
a. A fund manager shall use its best efforts to retain sufficient liquidity to meet redemption requests.
b. A fund manager may borrow to meet redemption requests where the money available in the account designated as being for the benefit of the relevant public fund is insufficient to meet redemption requests in a manner that serves the interest of unitholders and does not conflict with the Fund’s Terms and Conditions.
c. Borrowing to meet redemption requests pursuant to this Article shall not be subject to the percentage set out in Paragraph (h) of Article (43) of these Regulations.
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- Published at
- CMA — Investment Funds Regulations (English)Edition 11/2025
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- first read
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