Article 88 · Investment Funds Regulations

Article 88: General Rules and Restrictions

a. The investments of a private fund may consist of assets of any types and descriptions; however, the fund manager must clearly state the permitted investments together with the investment objective, investment policies and any investment restrictions or limitations in the Fund's Terms and Conditions and in the offering documents of the relevant private fund.

b. The fund manager must comply at all times with the Fund's Terms and Conditions, the offering documents, investment objective, investment policies and any investment restrictions or limitations of the relevant private fund.

c. The fund manager must disclose all payments out of assets of the fund in the Terms and Conditions.

d. The fund manager must disclose all expenses of offering the units of a private investment fund if it’s incurred by the fund in the Fund’s Terms and Conditions.

Text read on 2026-09-14 · 80ca3c7eb1e4

Paragraphs

Each paragraph has a page of its own, so a citation of one paragraph names it exactly.

Paragraph	Opens with	History	Open
88(a)	a. The investments of a private fund may consist of assets of any types and descriptions; however, the fund m…	—	Open
88(b)	b. The fund manager must comply at all times with the Fund's Terms and Conditions, the offering documents, in…	—	Open
88(c)	c. The fund manager must disclose all payments out of assets of the fund in the Terms and Conditions.	—	Open
88(d)	d. The fund manager must disclose all expenses of offering the units of a private investment fund if it’s inc…	—	Open

History

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No amendment has been seen since the platform first read these words on 2026-09-14.

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Source

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Published at: CMA — Investment Funds Regulations (English)Edition 11/2025
Last read: 2026-09-14first read 2026-09-14

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