Regulated investment funds have to comply with both the rules of their regulator and the terms of their offer document.
Since most investment funds and management companies outsource some of all their activities (investment management, valuations, custody, compliance, etc.) it is important to closely monitor all outsourced service providers.
The Investment Fund/Management Company Board of Directors require periodic status reports and must be notified of material exceptional events.
GRC-Maestro specifically gives assurance to Board Directors, regulators and investors that the Fund/Management Company is in full compliance with regulatory rules and the fund’s prospectus.