Investors are allowed to redeem their shares at net asset value at predetermined times in accordance with the articles of association.
It is also possible to constitute an umbrella fund under each of the foregoing structures.
– The umbrella fund will comprise two or more sub funds and investors subscribe for shares or units in specific sub funds.
-Each sub fund has its own investment policy with segregated assets and accounting records.
– Investors can switch their investment from one sub fund to another without redeeming their shares or units. A company incorporation in Mauritius as an Investment Company can also be set up as one of the sub funds of an umbrella fund not established in Mauritius.
An open ended company which has a variable share capital. was last modified: April 14th, 2015 by
