ADVOKS GLOBAL · KENYA
The Capital Markets (Collective Investments Schemes) Regulations, 2023
104. Umbrella funds
Edition: 2023-12-15 · In force
104. Umbrella funds
(1)Subject to subregulation (2), each of the separate parts of an umbrella fund shall be invested as if it were a single scheme.(2)A sub fund of an umbrella fund may invest in participatory interests of another sub-fund of the same umbrella fund.