The Capital Markets (Collective Investment Schemes) Regulations
133. Price of units
133. Price of units
The rules of the special interest collective investment scheme shall prescribe the price at which that unit trust shall allot units to the holders or potential holders, the price at which the trustees shall re-purchase units and the liability for incidental expenses but such re-purchase shall reflect the latest or previous day's traded price of the company's shares at the securities exchange.Source: Kenya Law