Various Fund Structures

[sumaiyakhatun26]

Single‐fund and multi‐fund structures are available.

In multi‐fund structures you have separate sub‐funds / compartments with their respective investment themes.

Whereas in multi‐fund (umbrella) structures, an election is made to have the assets and liabilities of each sub‐fund within the umbrella structure treated, for all intents and purposes of law, as separate from the assets and liabilities of japan mobile database each other sub‐fund of that structure (segregation of assets and liabilities).

Need to Instruct a Service Provider
In Malta, each fund requires a service provider for day-to-day management.

Below is a brief overview of the key roles involved in a fund and their specific duties:

Board of Directors
The Board, which is nominated by the Founder Shareholders, is responsible for the general affairs of the scheme, including the appointment of a service provider. In order to adhere to the Maltese regulatory requirements, the Board should:

be composed of no less than three members;
one of the Directors must be resident in Malta;
one of the Directors must be independent.
The majority of the board meetings must be held physically in Malta. Directors of a NAIF are not subject to a due diligence assessment by the Regulator but will be subject to due diligence assessment by the AIFM (Alternative Investment Fund Manager), assuming responsibility of the NAIF.