FER 3.10A FER 3.10A Passported Fund
FER 3.10.1A FER 3.10.1A
Fund Managermust pay to the DFSAan annual fee of $2,000 in respect of each Passported Fundfor which it is the Manager.
(2) For the purposes of calculating the fee under (1), if the
Fundis an umbrella fund, including, without limitation, a segregated portfolio company or cell company, a fee must be paid for each sub-fund, segregated portfolio or cell, as the case may be, instead of for the umbrella fund, segregated portfolio company or cell company.
(3) The initial annual fee is payable in respect of the twelve month period following notification of intention to be a
Passported Fundand any subsequent annual fee is payable in respect of the twelve month period commencing on the anniversary of that date.Derived from DFSA RM237/2019 (Made 20th February 2019). [VER20/02-19]