Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)

Board Notices

Advertising, marketing and information disclosure requirements for collective investment schemes

Part IV : Performance Disclosures

12. Publication of prices
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(1)A manager must, in respect of each of its portfolios, including third-party-named portfolios, publish daily prices of the most expensive class offered by the manager for investment by members of the public, other than financial institutions, and the latest total expense ratio applicable to that portfolio on its website, if any, and in at least one national newspaper.

 

(2)A manager may only publish prices in respect of portfolios or classes of participatory interests that are offered for investment by the manager to members of the public, other than financial institutions.