The Capital Markets (Collective Investments Schemes) Regulations, 2023

103. Investment powers

Edition: 2023-12-15 · In force

103. Investment powers

(1)Subject to this Part, the property of a scheme may comprise of any assets, the holding of which is consistent with the relevant category of scheme.

(2)The offer documents may restrict—

(a)the descriptions of assets in which the property of the scheme may be invested;

(b)the proportion of the capital property of the scheme to be invested in assets of any description; or

(c)the descriptions of transactions permitted,

and any such restrictions shall be observed as if they were included in this Part.

← Previous provision Next provision →

Source: Kenya Law