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ASISA Collective Investment Schemes Overview 2010

An overview of South African Collective Investment Schemes in South Africa for 2010 from the Association for Savings and Investment South Africa (ASISA).


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From The Glossary »

Exempt (Underwritten):

A pension fund where the sole investment medium is a pension fund policy with an insurance company registered under the Insurance Act and where the Registrar of Pension Funds has exempted the fund in terms of Section 2(3)(a) of the Pension Funds Act as envisaged in paragraphs 1 and 2 of the Regulations.
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