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This set of Recommended Practices aims to provide practical guidance to Fund Managers and other Issuers of marketing materials of SFC authorized retail unit trusts and mutual funds in the application of the Letter (dated December 5, 2008) issued by SFC. It aims to ensure that the industry adopts a consistent approach when communicating the risk factors to potential and existing investors.
In addition, the HKIFA has developed a set of FAQ to address the questions commonly raised by fund managers and other issuers with respect to the Recommended Practices.
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