FPR 2.1 FPR 2.1 Passported Funds
This section applies if the
DIFCis the Home Jurisdictionor Host Jurisdictionof a Passported Fund.
Domestic Fundthat is registered as a Passported Fundin accordance with these Rulesmust be either a Public Fundor a Private Fund.
Passported Fundis a Private Fund, the Fund Manager, its Agentand any other Licensed Personmay Promotethe Unitsin the Fundonly by way of private placement to Qualified Investorsand if the initial subscription is not less than $50,000 (or its equivalent in another currency).
FPR 2.1.4 FPR 2.1.4
Passported Fundis a Public Fund, the Fund Manager, its Agentand any other Licensed Personmay Promotethe Unitsin the Fundto Retail Investorsand Qualified Investors.
FPR 2.1.4 Guidance
Public Fundas defined in these Rulescorresponds to a Public Fundunder CIRand a Private Fundas defined in these Rulescorresponds to an Exempt Fundor QIFunder CIR.