
	Where results make sense

Topic: Collective investment scheme

Related Topics

European Investment Bank

Equity investment

Foreign Direct Investment

investment policy

return on investment

fixed investment

tangible investments

Putnam Investments

Fidelity Investments

Philatelic Investment

real estate investment trusts

In the News (Fri 1 Jun 12)

EXECUTIVE POWER

Iran

ANALYSIS

Pakistan

Family compact

	Collective investment scheme - Wikipedia, the free encyclopedia
		Collective investment schemes may be formed under company law, by legal trust or by statute.
		In some cases, by aggregating regular investments by many individuals, a retirement plan (such as a 401(k) plan) may qualify to purchase "institutional" shares (and gain the benefit of their typically-lower expense ratios) even though no members of the plan would qualify individually.
		One of the main advantages of collective investment is the reduction in investment risk (capital risk) by diversification.
	en.wikipedia.org /wiki/Pooled_investment (2201 words)

	Financial Supervision Commission - FSC - Collective Investment Schemes
		Any Collective Investment Scheme established in the Island which is to be promoted to the general public in the Island (or the UK by virtue of the Island's designated territory status) must be authorised by the Commission under Section 3 of the FSA.
		Any Collective Investment Scheme established in or operated from the Isle of Man which is not an Authorised Scheme is regarded as an International Scheme, and therefore subject to the provisions of Section 11 of the FSA.
		Collective Investment Schemes which are managed in or authorised under the law of another country or territory outside the Island may not be promoted to the general public in the Island unless they have been granted recognition by the Financial Supervision Commission under Sections 12 or 13 of the FSA.
	www.fsc.gov.im /policy/regCollective.xml (1166 words)

	Farrer & Co. - Collective Investment Schemes
		The Directive applies to undertakings the sole object of which is the collective investment in transferable securities or capital raised from the public and which operate on the principle of risk spreading and the units of which may be repurchased or redeemed out of the undertakings’ assets at the request of holders.
		Under the investment condition, a reasonable investor must expect to be able to realise within a reasonable period his investment (represented by the value of the shares or securities held in the scheme) on a basis calculated wholly or mainly by reference to the value of property in respect of which the scheme makes arrangements.
		Schemes managed in and authorised under the laws of a country or territory outside the UK and the EEA may also be promoted in the UK if they emanate from a jurisdiction which is designated by order of the Treasury (s 270).
	www.atlantic-cable.com /Article/SCTrust/farrer.htm (6433 words)

	Circular no 49 - Collective Investment Schemes (Site not responding. Last check: 2007-11-01)
		Scheme: Apart from its form of establishment, a Collective Investment Scheme in securities and other financial instruments, which, has an object limited to using the funds received from the public in investing in securities and other financial instruments, provided the investment is based on risk diversification.
		A collective investment scheme in securities and other financial instruments may be established as a collective investment Fund or as a collective investment company.
		Likewise, no promotion of a foreign or national collective investment scheme may be undertaken or no encouragement of any investor, by whatever means, to invest in any such scheme, before informing the investor of the risks, charges and commissions associated with the proposed investment.
	www.bdl.gov.lb /circ/en/circ49e.htm (4311 words)

	CTN - Company Services Limited : Investment & Financial Services
		Collective Investment Scheme must employ the services of a management company unless, in certain circumstances and with the approval of the MFSC, it is constituted as a company with its own management.
		Collective Investment Scheme is required to submit monthly returns and semi-annual and annual audited reports to the MFSC.
		A Collective Investment Scheme's investment restrictions have to be described in the prospectus, along with sufficient disclosure to inform investors of the risks of their investment.
	www.companyservices.com /financial/collective/general.asp (1120 words)

	PART B - COLLECTIVE INVESTMENT SCHEMES
		Typically, collective investment schemes are schemes established for the purpose of collecting funds from the public, pooling these funds and investing the pooled funds in assets in accordance with investment objectives published in a prospectus or in scheme particulars.
		Collective Investment Schemes may be established in various different legal forms, including as a unit trust constituted by a trust deed between a management company and a trustee, as an investment company constituted by Memorandum and Articles of Association, or as a mutual fund established by way of contract.
		The investment and borrowing restrictions applicable to Schemes available to the public may be partially or wholly disapplied in the case of Schemes marketing their Units only to professional investors.
	www.business-line.com /tier3/mfsc/guidelines/guidprtb.htm (2143 words)

	[No title] (Site not responding. Last check: 2007-11-01)
		An existing collective investment scheme which is not desirous of obtaining provisional registration from the Board shall formulate a scheme of repayment and make such repayment to the existing investors in the manner specified in regulation 73.
		Collective Investment Management Company’s perception of the internal and external risk factors shall be given immediately after each of the risk factors and not as a separate heading under management perception.
		Collective Investment Management Company, ______________ has certified that the disclosures made in the offer document are generally adequate and are in conformity with SEBI (Collective Investment Scheme), Regulations, 1999 in force for the time being.
	www.sebi.gov.in /acts/act210.html (18133 words)

	[No title] (Site not responding. Last check: 2007-11-01)
		A Collective investment scheme is any scheme or arrangement, which satisfies the conditions, referred to in sub-section (2) of section 11AA of the SEBI Act.
		An existing collective investment scheme which failed to make an application for registration, or was not desirous of obtaining provisional registration, or has not been granted provisional registration, or having obtained provisional registration fails to comply with the provisions as laid down in the Regulations, was / is required to wind up the existing scheme.
		First of all an existing collective investment scheme has to send an information memorandum to the investors who have subscribed to the schemes, detailing the state of affairs of the scheme, the amount repayable to each investor and the manner in which such amount is determined.
	www.sebi.gov.in /faq/cis_faq.html (1623 words)

	International Collective Investment Schemes (Site not responding. Last check: 2007-11-01)
		The sole object of the scheme must be the collective investment of funds of unit holders, the units of which, unless provided otherwise by the Law or any other law applicable thereto or its constitutional documentation, are at the option of unit holders redeemed or repurchased directly out of the assets of the scheme.
		Under Section 45 a trustee of an International Collective Investment Scheme may be a bank licensed to carry on business in or from within the Republic or in a country which in the opinion of the Central Bank exercises adequate banking supervision in its jurisdiction.
		The manager of International Collective Investment Scheme, or in the case of an International Investment Company, which is exempt from the requirement to appoint a manager, its directors are responsible for the preparation of the financial accounts.
	www.emdsmedia.com /sclaw/icis.html (1428 words)

	Collective Investment Schemes (Site not responding. Last check: 2007-11-01)
		Investments in such cases are limited to investment-grade sovereigns, quasi-sovereigns, supra-nationals, and securities in recognized markets belonging to IOSCO member jurisdictions.
		Regulation should require disclosure, as set forth under the principles for issuers, which is necessary to evaluate the suitability of a collective investment scheme for a particular investor and the value of the investor's interest in the scheme.
		Regulation should ensure that there is a proper and disclosed basis for asset valuation and the pricing and the redemption of units in a collective investment scheme.
	www.sec.or.th /en/iosco/pp1720.htm (975 words)

	11. Collective Investment Schemes³³
		The operation of a collective investment scheme raises the potential for conflict between the interests of investors in the scheme and those of scheme operators or their associates.
		The regulatory system should address the legal form and structure of collective investment schemes to enable investors to assess their interests and rights and to enable the pool of investors' funds to be distinguished and segregated from the assets of other entities.
		The law or rules governing collective investment schemes should enable investors to redeem units upon a basis that is made clear in the constituent documents and should ensure that rights of suspension protect the interest of investors.
	riskinstitute.ch /144500.htm (1194 words)

	AFM - FAQs about collective investment schemes
		Unfortunately, the AFM cannot arbitrate between a consumer and a collective investment scheme but the AFM is very interested in hearing complaints from consumers because signals from the marketplace play an important role vis-Ã -vis our activities as regulator.
		The collective investment scheme has to be registered with the DSI or with the Disputes Committee.
		If the collective investment scheme is not affiliated with the DSI or the Disputes Committee for the Banking Industry, you can initiate a civil action.
	www.afm.nl /default.ashx?FolderId=1324 (522 words)

	MSN Encarta - Search View - Franklin D. Roosevelt
		He also developed an absorbing interest in stamp collecting, a hobby that taught him both history and geography and that was to afford him pleasure and relaxation during all of his adult life.
		Chiefly responsible for this scheme was Senator George W. Norris of Nebraska, a progressive Republican who had almost single-handedly blocked the sale of government-owned power sites on the Tennessee River during the 1920s and who was a firm believer in government ownership and operation of public utilities such as power and water companies.
		The second event was Roosevelt’s so-called court-packing plan, a scheme to enlarge the Supreme Court that he suddenly presented to Congress in 1937.
	encarta.msn.com /text_761562953__1/Franklin_D_Roosevelt.html (10465 words)

	The Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001
		Arrangements do not amount to a collective investment scheme if the rights or interests of the participants are rights or interests in a fund which is a trust fund within the meaning of section 42(1) of the Landlord and Tenant Act 1987[8].
		Arrangements do not amount to a collective investment scheme if each of the participants is a body corporate in the same group as the operator.
		Arrangements do not amount to a collective investment scheme if their purpose is the provision of clearing services and they are operated by an authorised person, a recognised clearing house or a recognised investment exchange.
	www.opsi.gov.uk /si/si2001/20011062.htm (2543 words)

	Collective investment schemes: general: what are they?
		A collective investment scheme is a form of investment fund which enables a number of investors to 'pool' their assets and invest in a professionally managed portfolio of investments, typically gilts, bonds and quoted equities.
		In effect, investors in such schemes are able to spread or reduce the risk which is associated with investment in such assets.
		The reduction in risk is achieved because the wide range of investments in a collective investment scheme reduces the effect that any one investment can have on the overall performance of the portfolio.
	www.hmrc.gov.uk /manuals/ct123manual/ct48060.htm (273 words)

	AFM - collective investment schemes
		Collective investment schemes are institutions that approach the public asking for funds, which are then invested.
		This is why collective investment schemes cannot give you any guarantees about the returns that you will make.
		A collective investment scheme is only allowed to approach the public for funds if it has obtained a permit from the AFM.
	www.afm.nl /consumer/default.ashx?FolderId=1411 (218 words)

	Securities and Exchange Board of India (Site not responding. Last check: 2007-11-01)
		In other words, after notification of regulations an existing collective investment scheme, even after obtaining provisional registration as well as after obtaining credit rating cannot mobilise funds from the public unless a certificate of registration is granted to it by SEBI.
		If, positive consent to continue with the scheme is received from only 25% or less of the total number of existing investors, the scheme shall be wound up and payment be made to the investors within three months of the date of the information memorandum.
		You may note that many of the existing collective investment schemes had collected funds from the public prior to coming into force of the regulatory jurisdiction of SEBI and any action by SEBI against defaulting entities does not necessarily ensure the refund of money invested by the investors in such entities.
	investor.sebi.gov.in /faq/cisfaq.html (1447 words)

	Bermuda Monetary Authority - Description And General Information (Site not responding. Last check: 2007-11-01)
		A Collective Investment Scheme which satisfies the criteria of Regulation 3A may apply to the Authority to be exempted from classification.
		Bermuda Institutional Schemes are subject to a less comprehensive regulatory and supervisory environment because of the sophistication and expertise of the investors in those schemes.
		Bermuda Standard Schemes can involve more of a retail investor base with rather lower investment thresholds for individual investors and are subject to a more comprehensive regulatory and supervisory environment as detailed in the Regulations.
	www.bma.bm /Investment/Collective_Investment_Schemes (551 words)

	AAR: Publication: Focus: Funds Management
		That is, a foreign collective investment involves pooling the contributions of investors for their benefit in circumstances where the investors do not have day-to-day control of the operation of the scheme.
		Operators of foreign collective investment schemes are already subject to the regulatory regime in their home jurisdiction.
		Operators of foreign collective investment schemes in New Zealand and the United States are already given relief under the relevant class order (CO 04/526) in relation to the registration requirements and licensing requirements.
	www.aar.com.au /pubs/fmres/fofmjun04.htm (1848 words)

	Laws - SEBI - Section 15D (Site not responding. Last check: 2007-11-01)
		(d) registered as a collective investment scheme, including mutual funds, fails to dispatch unit certificates of any scheme in the manner provided in the regulation governing such dispatch, he shall be liable to a penalty and exceeding one thousand rupees for each day during which such failure continues;
		(e) registered as a collective investment scheme, including mutual funds, fails to refund the application monies paid by the investors within the period specified in the regulations, he shall be liable to a penalty not exceeding one thousand rupees for each day during which such failure continues;
		(f) registered as a collective investment scheme, including mutual funds, fails to invest money collected by such collective investment schemes in the manner or within the period specified in the regulations, he shall be liable to a penalty not exceeding five lakh rupees for each such failure.
	www.vakilno1.com /bareacts/sebiact/s15d.htm (151 words)

	APPENDIX 10
		Persons proposing to apply for a licence under the Investment Services Act 1994 to establish a Collective Investment Scheme or to establish a company to manage a Collective Investment Scheme (hereinafter referred to together as Management Companies) are advised to give due regard to the Exchange Control Act, 1972.
		the participation in the Collective Investment Scheme by credit institutions and financial institutions licensed in Malta which is paid for in foreign currency is considered as part of their foreign investment limit authorised by the Central Bank of Malta in terms of section 38B of the Central Bank of Malta Act.
		the participation in the Collective Investment Scheme by credit institutions and financial institutions licensed in Malta is not subject to their foreign investment limit in terms of section 38B of the Central Bank of Malta Act.
	www.business-line.com /tier3/mfsc/guidelines/appndx10.htm (897 words)

	Writer's Encyclopedia--Letter S (Site not responding. Last check: 2007-11-01)
		Edgar Allan Poe was the first to establish rules for the short story: his concept values unities of mood, time, space and action, and stipulates that a story reach for only one effect—an effect determined in advance by the author, and reflected in all events of the story and every word of the composition.
		Most are rhymed according to one of various schemes or patterns, though there is wide variation in modern usage.
		The scheme, in which repeated letters indicate the line endings that rhyme with one another, is abba abba in the octave.
	www.writersmarket.com /encyc/s.asp (14261 words)

	The Financial Services Act 1986 (Restriction of Scope of Act and Meaning of Collective Investment Scheme) Order 1996
		(b) by an investment firm which would be a UK investment firm if it was incorporated in or formed under the law of any part of the United Kingdom or, being an individual, had his head office in the United Kingdom.
		The Order restricts the scope of Part I of the Financial Services Act 1986 (the Act) and of the meaning given to the expression "collective investment scheme" in section 75 of that Act.
		It also amends section 75 of the Act so that such schemes are excluded from the definition contained in that section of what constitutes a collective investment scheme.
	www.opsi.gov.uk /si/si1996/Uksi_19962996_en_1.htm (1123 words)

	Pure Content
		Whitwell Middle school in Tennessee came up with a class project 3 years ago to collect 6 million paper clips and use them to create a memorial for the 6 million people killed in the WWII Holocaust.
		Another 11 million paper clips collected were placed in an obleisk that was constructed beside the rail car.
		The Amazon archive is dizzying not because it unearths books that would necessarily have languished in obscurity, but because it renders their contents instantly visible in response to a search.
	www.purecontent.blogspot.com (7808 words)

	John Lennon: 1964-67 (Site not responding. Last check: 2007-11-01)
		•Julia Baird: Among his collection was a mat fl Ferrari, the Rolls, and a lovely all-white Mini with electric windows.
		Their most significant collective investment was Subafilms, the NEMS-run film company that controlled the group's share of the Beatles' film projects, responsible for producing the Beatles' promotional films (in the days before videos) for television (Granados, p.
		It might be a longshot, but I thought it might be worth asking Brian Epstein for some investment.
	www.beatlemoney.com /john64.htm (4342 words)

Try your search on: Qwika (all wikis)