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

Board Notices

Advertising, marketing and information disclosure requirements for collective investment schemes

Part V : Information Disclosure

17. Minimum Disclosure Document format
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(1)A manager must ensure that the MDD—

(a)        does not contain unnecessary technical jargon;

(b)        is no longer than two double-sided or four one-sided pages of A4-sized paper;

(c)        is set in readable characters or font, spacing and format.

 

(2)A manager may provide the MDD to an investor in a durable medium other than paper or through a website where the investor specifically selects that other medium or consents in writing to the provision of information on a website.