Investor Presentaiton
Public OFCs and Private OFCs
Public OFCS: OFCs which are offered to the public
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Compliance with essentially the same requirements under the UT Code as existing
SFC-authorised unit trusts
Private OFCS: OFCs which are privately offered
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Key regulatory focus:
SFC
證監會
Key operators - directors, custodian and investment manager meet basic
eligibility requirements
Investment Scope
No investment restrictions - private OFCs can invest in all asset classes without
any limit
Compliance with basic principles and structural requirements
No pre-vetting of offering documents nor SFC's approval required for changes to
the OFC's instrument of incorporation, offering documents, investment strategy
and assets
SFC's approval required for change of name, appointment of key operators,
establishment of sub-funds and termination of OFC or sub-fund only
CO
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