52. Prospectus Content

(1) The presentation of the information in a Prospectus shall be clear, fair and not misleading.
(2) A Prospectus shall contain all the information which a person and his professional advisers would reasonably require and expect to find in a Prospectus to be able to make an informed decision to become a Unitholder of the Fund.
(3) Without limiting the generality of the obligation in Article 52(2), the DFSA may, by Rules, prescribe the information that must be included in a Prospectus for the purposes of this Article, including different provisions for different types of, or specialist classes of, Domestic Funds and any reduced content requirements for Exempt Funds and Qualified Investor Funds.
(4) If at any time after the issue of a Prospectus there is a material change affecting any matter contained in the Prospectus or a significant new matter arises, the Fund Manager shall in accordance with the requirements prescribed in the Rules issue a Supplementary or a Replacement Prospectus.