Updated 18/09/2024
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Article 8 - Diversification by issuer and issue

Article 8

Diversification by issuer and issue

1.   The Board shall set a ceiling of up to 30 % of any single issue in which amounts held in the Fund may be invested. That ceiling maybe exceeded only where, given the nature of the investment, the purchase of any amount of a security of that given investment results in ownership of 100 % of the corresponding International Securities Identification Number (ISIN).

2.   The Board shall set a ceiling of up to 30 % for any issuer's total issues in which amounts held in the Fund may be invested.