Investors should take cognisance of the fact that there are risks involved in buying or selling any financial product, and past performance of a financial product is not necessarily indicative of the future performance. The value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions.
Confidentiality provisions are enshrined in the Mauritian civil and banking codes and the Financial Services Act 2007 which governs global business in Mauritius. The Companies Act restrict public inspection of the statutory records filed with the Registrar of Companies to well identified circumstances and parties related to the companies.
There is a legal requirement for all supervisory and regulatory authorities to maintain complete confidentiality of any information disclosed by global business entities. Only the Financial Intelligence and Anti-money Laundering.
Act 2002 or The Prevention of Corruption Act 2002 or a Protocol for the exchange of information with other regulatory bodies to disclose specific information, for supervisory purposes only may lift this confidentiality requirement.
It is to be noted that Mauritius guarantees full confidentiality for all legitimate circumstances but has no policy to maintain indiscriminate or unilateral opaqueness or secrecy for the sake of doing so or to attract business that thrive on such considerations.
Therefore Unit Trusts are available to the general public, but Hedge Funds are private investments suitable only for sophisticated investors, and are not open to the general public.
This document does not constitute a solicitation, invitation or investment recommendation, and prior to selecting a financial product or fund it is recommended that investors seek specialised financial, legal and tax advice. The laws of the Mauritius shall govern any claim relating to or arising from the contents of this site Rubicon Investment Managers is an authorised financial services provider.