Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)NoticesDetermination of the Limits and Conditions for Third Party Named Portfolios of Collective Investment SchemesPart II : Incubator Portfolios8. Portfolios under Administration |
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.