Issues To Be Addressed For The Provision Of Administration Services To A Private

SHAREHOLDING

• Classes Of Shares:

Rights
Share of Profits
Dividends
Scale Of Fees Charged

• Terms Of Offering:

Subscription Frequency
Minimum Initial Investment
Minimum Additional Investment

• Redemption:

Redemption Frequency
Minimum Redemption Amount
Minimum Retained Investment
Fees/Penalties

• Expected Number Of Shareholders/Investors

INVESTMENT

• Investment Objective
• Investment Strategy
• Type Of Investments:

Large/Mid/Small Cap
Listed/Unlisted
Trading Volume
Growth/Value/Turnaround
Geographical Region/ Currency

• Valuation Issues: Frequency of calculations
• Leverage
• Borrowing
• Lending Of Securities
• Short Selling
• Derivatives: Hedging/Trading
• Foreign Currency Trading/ Management Of Currency Exposure
• Portfolio Turnover
• Anticipated Holdings Of The Fund
• Other Investment Advisors

OPERATIONAL

• Prime Broker
• Directors
• Types Of Investment MGR Fees: Asset Based/Performance
• Equalisation Factor
• Auditors
• Legal Counsel

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances