MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Oman / Saudi Arabia
Exchange Traded Funds
Questions Oman Saudi Arabia
Fund Exemption
Can fund be exempt from
regulation?
Marketing
No
Marketing restrictions There are two types of funds that can be
marketed, namely: Domestic and Foreign
Funds. Foreign Funds can be marketed
only with prior approval of CMA.
An investment fund established in a
jurisdiction other than the Kingdom may not
be offered within the Kingdom without the
consent of the Authority
An advertisement may not include:
A projection or prediction of the total
return or other performance of the
investment fund or of unitholders of
an investment fund (except that an
advertisement for an investment
fund with a guarantee or other
principal protection feature may
disclose any guaranteed minimum
return); or
Any form of testimonial, that is,
statements about the experience of
actual or fictitious unitholders of that
fund or other funds with the same
manager.
Set Up/Establishment Fees
Application fee OMR 500
Portfolio management OMR 5,000
Investment management OMR 5,000
Issuing management 10,000
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