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Collective investment schemes definition sfc

WebJul 13, 2009 · Selling of Investment Products. In the current low interest rate environment, depositors are likely to have an increased interest in looking for enhanced return from investment products. This circular reminds authorized institutions (AIs) that they should exercise due care in marketing and selling investment products to customers. WebCollective Investment Institutions 1. Description of collective investment institutions 570. The term collective investment institution (CII) generally refers to incorporated investment companies and investment trusts, as well as unincorporated undertakings (such as mutual funds or unit trusts), that invest in financial assets (mainly marketable

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WebMulti-asset funds invest in a range of equities, bonds, commodities (including gold), money markets and real estate. These can be an efficient means of reducing risk by investing across a wide range of assets, so that you don’t have all your eggs in one basket. Specialist funds target countries or sectors that require expert knowledge by ... Webe. any scheme which- i. is a collective investment scheme authorized under section 104 of the SFO; or ii. is similarly constituted under the law of any place outside Hong Kong and, if it is regulated under the law of such place, is permitted to be operated under the law of such place, or any person by whom any such scheme is operated; f. south torch lake https://bruelphoto.com

Collective Investment Fund (CIF): History, Pros

Web5. (i) A collective investment scheme authorised under Section 104 of the SFO; or (ii) A scheme which is similarly constituted under the law of any place outside Hong Kong and, if it is regulated under the law of that place, is permitted to be operated under that law, or a person who operates such scheme; 6. WebJan 15, 2024 · Oversight January 2024 - Advertising guidelines amended. This considers changes introduced by the SFC’s new FAQ34A to FAQs on Advertising Materials of Collective Investment Schemes Authorised under Product Codes. Under the Securities and Futures Ordinance (SFO), it is an offence to issue any advertisement with regard to … WebA local Key Fact Statement (KFS) must be issued based on the investment strategy, fund structure, details, etc. The offering documents (prospectus, HK wrapper, KFS etc.) must … south topsail public parking

FR28/2015 Liquidity Management Tools in Collective …

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Collective investment schemes definition sfc

Collective investment schemes Education BlackRock

WebCollective investment scheme: A collective investment scheme is a way of investing money with other people to participate in a wider range of investments than may be … WebDefinition of collective investment schemes 2.1 Collective investment scheme is a term introduced under, and defined in Schedule 1 to, SFO to apply to investment …

Collective investment schemes definition sfc

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WebFeb 28, 2024 · • Hang Seng Global Bond Fund (the "Fund") invests in a globally diversified portfolio of debt securities directly and/or indirectly through other collective investment schemes. • The Net Asset Value of the Fund may be affected unfavourably by fluctuations in the exchange rates between the currencies of the Fund’s underlying investments ... Web5. There is, however, no definition of “similar investment scheme” in the Ordinance. The reference to “similar investment scheme” in section 26A(1A) is intended primarily to cater for investment arrangements established ... (SFC) is given the power, under section 104(1) of the SFO, to authorize collective investment schemes (which ...

WebFeb 28, 2024 · Investment Objective The investment objective of the Fund is to achieve stable capital growth with low volatility by investing in a diversified portfolio of collective investment schemes. Cumulative Performance 3M 6M 1Y 3Y 5Y Since Launch Class A Unit 1.25% -1.06% -10.76% -6.89% -4.77% 151.40% Calendar Year Performance WebMar 27, 2015 · Mar 27, 2015. The Court of Final Appeal ruled last week in favour of a Hong Kong registered investment advisor and asset manager, Pacific Sun Advisors Limited ( Pacific Sun ), in a much-publicised case concerning the marketing of unanthorised Collective Investment Schemes ( CIS) in Hong Kong1 . Hong Kong has significant …

WebOct 13, 2014 · Investment Funds – any collective investment scheme authorized by the SFC or similarly constituted under the law of any ... In other words, the statutory … WebA Real Estate Investment Trust (REIT) is a collective investment scheme that aims to deliver a source of recurrent income to investors through focused investment in a portfolio of income-generating properties such as shopping malls, offices, hotels and service apartments in Hong Kong and/or overseas. REITs provide regular income distribution to ...

WebIn addition, a Type 9 licensed corporation which provides a service of managing a portfolio of securities or futures contracts under a collective investment scheme and gives advice or issues analyses or reports in relation to securities or futures contracts solely for the purposes of providing the collective investment schemes that it manages ...

WebNov 18, 2003 · The SFO’s new definition of ‘collective investment scheme’ (see paragraph B.1.3 above) introduced to cover unit trusts, mutual funds and other pooled … teal sherer bikiniWebAug 9, 2024 · SFC’s new initiative to warn against unauthorised investment schemes Hauzen LLP The Securities and Futures Commission (the “SFC ”) launched a new … teal shelf decorWeba collective investment scheme, as defined in section 235 of the Act (Collective Investment Schemes), which is in summary: (a) any arrangements with respect to property of any description, including money, the purpose or effect of which is to enable persons taking part in the arrangements (whether by becoming owners of the property or any part ... teal shelf paper