Investment limits of Qualifying CIS
Single body limit and group limit
1. A qualifying CIS must invest no more than 10% of its net assets in aggregate in transferable securities or money market instruments issued by a single body.
2. A qualifying CIS must not invest, in aggregate, more than 20% of its net assets:
(a) in transferable securities;
(b) in money market instruments;
(c) in deposits; and
(d) in OTC financial derivatives