The minimum duties of the
(a) To audit the books and records of the
CIU, including the annual financial statements of the CIU, in accordance with IFRS or AAOIFI (as appropriate);
(b) To review the semi-annual financial statements of the
(c) If the
CIU is structured as a contractual or corporate CIU, to audit the annual financial statements of the fund company; and
(d) To review the calculation of the NAV in line with the frequency stipulated in the
prospectus but not less than once a year.