Regulatory Alerts2022-04-25
Format for Reporting of Comparative Table in the Annual Report of Collective Investment Schemes
The regulator requires collective investment scheme operators to include a standardized comparative table in their annual reports. This format mandates five-year performance data, detailing highest and lowest prices or yields, net income distributed per unit, total fund value, price per unit class, and units in issue. It further captures material corporate actions such as amalgamations or objective changes, with all financial figures denominated in Kenyan shillings and years ordered from most current.
NAME OF THE UMBRELLA COLLECTIVE INVESTMENT SCHEME NAME OF THE FUND
- Performance of the fund over the past five years or the number of years the fund has been in existence if less than five years a) The highest and the lowest price over the past five years Year December 31, XXXX December 31, XXXX December 31, XXXX December 31, XXXX December 31, XXXX Highest price Lowest price Average price b) Income distribution Net Income distributed during the year taking into account subdivision and amalgamation that occurred during the year Year December 31, XXXX December 31, XXXX December 31, XXXX December 31, XXXX December 31, XXXX Net Income distributed per unit 2)The total of the collective investment scheme portfolio, the price per unit of each class and the number of units in issue at the end of each of those years: Year December 31, XXXX December 31, XXXX December 31, XXXX Total Fund Value Price per unit of each class Number of units in issue
- An indication, related in the body of the table to the relevant year in the table, of the date of the event or change in the investment indicating details of the following events, if applicable: a) Amalgamation or reconstruction (excluding any issue or cancellation of units for cash), that have a material effect on the size of the collective investment scheme or; b) Changes in the investment objectives of the collective investment scheme NOTES: 1.For the year, kindly start with the most current 2.The funds value and income distribution can be quoted in Ksh, or Ksh '000 in line with how the audited financials have been presented
NAME OF THE UMBRELLA COLLECTIVE INVESTMENT SCHEME NAME OF THE FUND
- Performance of the fund over the past five years or the number of years the fund has been in existence if less than five years a) The highest and the lowest yield Year December 31, XXXX December 31, XXXX December 31, XXXX December 31, XXXX December 31, XXXX Highest Yield (%) Lowest Yield (%) Average Yield (%) b) Income distribution Net Income distributed during the year taking into account subdivision and amalgamation that occurred during the year Year December 31, XXXX December 31, XXXX December 31, XXXX December 31, XXXX December 31, XXXX Net Income distributed per unit 2)The total of the collective investment scheme portfolio, the price per unit of each class and the number of units in issue at the end of each of those years: Year December 31, XXXX December 31, XXXX December 31, XXXX Total Fund Value Price per unit of each class Number of units in issue
- An indication, related in the body of the table to the relevant year in the table, of the date of the event or change in the investment indicating details of the following events, if applicable: a) Amalgamation or reconstruction (excluding any issue or cancellation of units for cash), that have a material effect on the size of the collective investment scheme or; b) Changes in the investment objectives of the collective investment scheme NOTES: For the year, kindly start with the most current The funds value and income distribution can be quoted in Ksh, or Ksh '000 in line with how the audited financials have been presented
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