COLL 7.2.2 Permissible Investments Generally— QFC Retail Schemes

The scheme property of a QFC retail scheme (other than a QFC retail property fund) must be invested only in any 1 or more of the following:

(a) transferable securities;
(b) money-market instruments;
(c) units in schemes;
(d) derivatives and forward transactions;
(e) deposits.

Note 1 A QFC retail scheme cannot invest in precious metals or commodity contracts. A QFC retail scheme that is a QFC retail property fund can invest in immovables, property-related assets and other investments (see rule 12.1.4).

Note 2 Transferable security is defined in rule 7.1.6. For investments that are treated as transferable securities, see the following provisions:
•   r 7.4.2 (Investments in closed—ended schemes as transferable securities—QFC retail schemes)
•   r 7.4.3 (Investments linked etc to other assets as transferable securities—QFC retail schemes).
Amended by QFCRA RM/2016-1 (as from 19th September 2016)