Council for Medical Schemes Levies Act, 2000
R 385
Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Board NoticesAdvertising, marketing and information disclosure requirements for collective investment schemesPart I : Definitions, Objectives and Application2. Objectives |
This Notice aims to—
| (a) | provide a legal framework within which managers of collective investment schemes may advertise and market their products in a manner which ensures that investors base their investment decisions on full, accurate and comprehensive information; |
| (b) | protect investors from deceptive, misleading, unfair or fraudulent conduct by managers through advertising and marketing material; |
| (c) | promote the fair treatment of investors; |
| (d) | encourage fair competition amongst managers; |
| (e) | promote the use of plain and understandable language by managers in respect of any information provided or displayed to investors; |
| (f) | ensure alignment with relevant international information disclosure standards and practices; |
| (g) | encourage investor understanding of the key features of a collective investment scheme through the manager's use of suitable disclosures for the intended target market; and |
| (h) | determine the manner in which managers must lodge advertising and marketing material. |
