Eligible CIS definition
Eligible CIS means UCITS collective investment schemes (including money market schemes) and eligible AIFs as described in the UCITS Regulations and Central Bank guidance. These include:
Eligible CIS means UCITS collective investment schemes (including money market schemes) and eligible AIFs as described in the UCITS Regulations and Central Bank guidance or as otherwise permitted by the Central Bank. These include:
Eligible CIS means UCITS collective investment schemes (including money market schemes) and eligible alternative investment funds as described in the UCITS Regulations and Central Bank guidance. These include: (a) (i) schemes established in Guernsey and authorised as “Class A Schemes”, (ii) schemes established in Jersey as “Recognised Funds”, (iii) schemes established in the Isle of Man as “Authorised Schemes” and
Examples of Eligible CIS in a sentence
The Master Fund shall not invest, in aggregate, more than 10% of its Net Asset Value in other Eligible CIS.
The Master Fund shall not invest in any Eligible CIS which can, under the terms of their own prospectus or instruments of incorporation, invest more than 10% of its net assets in other collective investment schemes.
More Definitions of Eligible CIS
Eligible CIS means UCITS collective investment schemes (including money market schemes) and eligible alternative investment funds as described in the UCITS Regulations and Central Bank guidance. These include: (a) (i) schemes established in Guernsey and authorised as “Class A Schemes”, (ii) schemes established in Jersey as “Recognised Funds”, (iii) schemes established in the Isle of Man as “Authorised Schemes” and (iv) retail investor alternative investment funds authorised by the Central Bank provided such collective investment schemes comply in all material respects with the provisions of the UCITS Regulations and the Central Bank UCITS Regulations; and (b) alternative investment funds authorised in any EEA member state, the United States, Jersey, Guernsey or the Isle of Man which comply in all material respects with the provisions of the UCITS Regulations and the Central Bank UCITS Regulations. The consideration of “all material respects” will include, inter alia, consideration of the following: the existence of an independent depositary with similar duties and responsibilities in relation to both safekeeping and supervision, requirements for the spreading of investment risk including concentration limits, ownership restrictions, leverage and borrowing restrictions, availability of pricing information and reporting requirements, redemption facilities and frequency and restrictions in relation to dealings by related parties. Other jurisdictions and types of alternative investment fund may be considered by the Central Bank on the basis of submissions made for that purpose.
Eligible CIS means “UCITS collective investment schemes” and other collective investment undertakings comparable to a UCITS within the meaning of Art. 3, par. 1, section 17 of the UCITS Act. To be an Eligible CIS, the scheme may not invest more than 10% of its net asset value in underlying collective investment schemes;