Page 10 - Profile's Unit Trusts and Collective Investments 2021 issue 2
P. 10
Contents
PAGE
Chapter 4
The CIS Industry ............................... 77
Management Companies .............................................................. 77
Trustees and Custodians .............................................................. 78
Asset Managers ..................................................................... 79
ASISA............................................................................. 80
The FSCA (formerly the FSB) ........................................................... 81
The Linked Product Companies.......................................................... 82
Financial Advisors (Brokers) ............................................................ 83
Chapter 5
Legislation and Guidelines ....................... 85
The Need for Regulation ............................................................... 85
Collective Investment Schemes Control Act (CISCA) .......................................... 85
The Twin Peaks Approach to Regulation ................................................... 86
FAIS and COFI ...................................................................... 87
Financial Intelligence Centre Act (FICA) .................................................... 96
POPI.............................................................................. 99
CRISA and TCF..................................................................... 101
Chapter 6
Investment Risk ............................... 103
What is Risk? ...................................................................... 103
Risk Assessment ................................................................... 103
Starting with the Basics .............................................................. 104
Types of Risk ...................................................................... 106
Measuring Risk .................................................................... 111
Risk Profiling ...................................................................... 117
Risk Profile Worksheets .............................................................. 118
Chapter 7
Understanding Asset Allocation .................. 124
Cash ............................................................................ 124
Bonds and Gilts .................................................................... 128
Equity Funds....................................................................... 129
Property Funds..................................................................... 132
Derivatives ........................................................................ 134
Alternative Investments............................................................... 136
Balancing the Asset Mix .............................................................. 137
8 Profile’s Unit Trusts & Collective Investments
