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

Notices

Suspension of Provision of Deed in Terms of the Collective Investment Schemes Control Act, 2002

2. Motivation
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The South African Reserve Bank, as from 1 January 2009, replaced CPIX as the official inflation indicator with CPI. A number of collective investment schemes in securities use CPIX as a benchmark in investment policies or for the calculation of certain charges and in the names of portfolios. As the structure of CPI is different from that of CPIX it is deemed appropriate to replace the use of CPIX with CPI in respect of collective investment schemes in securities.