Simplified Prospectus
CIU-1.5.9
Where a
simplified prospectus is published by aBahrain domiciled retail CIU , it must include (as a minimum) the information specified in Appendix C. It must also include a statement specifying that more detailed information on theCIU is contained in theprospectus , a copy of which must be made available free of charge to potential investors upon request.CIU-1.5.10
A
simplified prospectus must contain a summary of the key features of theCIU , including its investment policy and fee structure. It must not be misleading.CIU-1.5.11
A
simplified prospectus must be kept up to date, such that the information it contains is materially current and accurately represents theprospectus .CIU-1.5.12
There is no requirement for a
simplified prospectus to be approved by the CBB, nor for any subsequent material changes to be approved or notified. However, thesimplified prospectus must accurately reflect theprospectus , which is subject to approval and notification requirements (see Rule CIU-1.5.4 above).