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

Notices

Determination of the Limits and Conditions for Third Party Named Portfolios of Collective Investment Schemes

Part II : Incubator Portfolios

8. Portfolios under Administration

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A manager may not have more than 30% of its number of portfolios comprised of incubator portfolios, nor may a manager have more than 30% of its total assets under management in incubator portfolios.