ANNEXURE E
APPROVAL OF ADDITIONAL PORTFOLIO
The following information must accompany an application for approval of a new portfolio:
| a) | Proper motivation for additional portfolio. |
| b) | Objective(s) of proposed portfolio. |
| c) | Key characteristics of proposed portfolio: |
| ii) | investment parameters; |
| iii) | income distribution and the intervals thereof; |
| iv) | limitation of portfolio size (if applicable); and |
| v) | industry association portfolio classification. |
| d) | Investor market to be targeted: |
| i) | Provide details of intended market target; and |
| ii) | provide details of distribution and marketing strategies. |
| e) | Name of Investment Manager. |
| f) | Motivation for name of portfolio. |
| g) | Proposed launch date of portfolio. |
| h) | Other documents to accompany application: |
| i) | Pro-forma supplemental deed; |
| ii) | auditor's confirmation of capital invested; and |
| iii) | letter from systems-provider confirming ability of system to provide service for the additional portfolio. |
