* All Funds registered with the Commission as GBC 1 must entrust the custody of their assets to an approved custodian, generally a banking institution.

* The custodian carries out operations concerning the day-to-day administration of the assets of the Fund, and is responsible for ensuring that the sale, issue, redemption, and cancellation of shares are done in accordance with the investment management regulations of the Fund.

* The main custodian can delegate certain of its activities to an approved third party, but retains its responsibilities.

Custodian was last modified: April 14th, 2015 by Manu Raj

Manu Raj

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