• Simplified Prospectus

    • CIU-1.5.9

      Where a simplified prospectus is published by a Bahrain 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 the CIU is contained in the prospectus, 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 the CIU, 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 the prospectus.

    • 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, the simplified prospectus must accurately reflect the prospectus, which is subject to approval and notification requirements (see Rule CIU-1.5.4 above).