BDE-2.2 BDE-2.2 Simplified Prospectus
BDE-2.2.1
Where a
simplified prospectus is published by aBahrain domiciled expert CIU , it must include, as a minimum, the information specified in Supplementary Information document ARR(iii), in Part B of Volume 7. It must also include a statement stating that more detailed information on theCIU is contained in theprospectus , a copy of which must be made available free of charge to existing and potentialCIU participants upon request.April 2012BDE-2.2.2
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.April 2012BDE-2.2.3
A
simplified prospectus must be kept up to date, such that the information it contains is materially current and accurately represents the fullprospectus .April 2012BDE-2.2.4
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 the fullprospectus , which is subject to approval requirements (see Rule BDE-2.1.5).April 2012
