CIS Manager
The CIS Manager Licence specifies that the fund manager shall be engaged solely in the business of management of collective investment schemes, unless otherwise authorised.
A CIS Manager manages a Collective Investment Scheme (CIS) and provides the following services:
- Administrative Services required by the CIS
- Registrar and transfer facilities
- Distribution of securities of the CIS
- Maintain of accounting records of the CIS
- Giving investment advice in relation to the CIS
- Managing the portfolio of the CIS