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Authorised Funds > NURS (Non-UCITS retail schemes) > Flashcards

NURS (Non-UCITS retail schemes) Flashcards

1
Q

What rules are applicable to a NURS & how safe?

A

COLL Ch 5 including 5.6 + 5.7 and FUND (investment funds sourcebook)

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2
Q

What percentage of securities that are invested in, do not need to be approved?

A

20%

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3
Q

What percentage of investments in a NURS can be invested into another fund?

A

35%

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4
Q

Can a NURS invest into property?

A

Yes

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Authorised Funds (16 decks)

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