COLL 6.1.4 Spread of Risk—QFC Qualified Investor Schemes

The operator of a QFC qualified investor scheme must take reasonable steps to ensure that the scheme property provides a spread of risk, taking into account the scheme's investment objectives, strategies and policy as stated in the constitutional document and the latest filed prospectus, and, in particular, any investment objective about return to the unitholders (whether from capital appreciation, income or both).

Note Constitutional document is defined in r 3.1.1 and latest filed prospectus is defined in the glossary.

Derived from QFCRA RM/2010-05 (as from 1st January 2011)