Holding Restrictions – Investment Funds – South Africa

31.01.2018

Restrictions on customers

South African customers and beneficial owners are not allowed to hold South African funds through CBL. It is the responsibility of the customer/beneficial owners to ensure compliance with the restriction.

Certain funds may impose specific restrictions on investor domicile. Customers must refer to and abide by the restrictions (if any) contained in the fund prospectus before entering into transactions.

Restrictions on settlement

There is no general restriction on settlement; however, certain funds may impose specific settlement/transfer restrictions. Customers must refer to and abide by the restrictions (if any) contained in the fund prospectus before entering into transactions.