The Capital Markets (Collective Investments Schemes) Regulations, 2023

90. Issue price

Edition: 2023-12-15 · In force

(1)A fund manager’s price for issue of participatory interests shall not exceed the price to be notified to the trustee at the next valuation point.

(2)In the event that a fund manager imposes a preliminary charge, this may be added to the cost when issuing the contract note to a participant.