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The Mutual Funds (Annual Returns) Regulations, 2006 made the 29th November, 2006 as amended by Act 56 of 2020. Consolidated with \u2014 Mutual Funds (Annual Returns) (Amendment) Regulations, 2012 made the 22nd November, 2012 Mutual Funds (Annual Returns) (Amendment) Regulations, 2015 made the 8th September, 2015 Mutual Funds (Annual Returns) (Amendment) Regulations, 2016 made the 13th December, 2016 Mutual Funds (Annual Returns) (Amendment) Regulations, 2020 made the 16th March, 2020 Mutual Funds (Annual Returns) (Amendment) Regulations, 2024 made the 17th December, 2024 Mutual Funds (Annual Returns) (Amendment) Regulations, 202 made the 17th December, 2025. Originally enacted \u2014 Act 56 of 2020-7th December, 2020. Consolidated and revised this 31st day of December, 2025. Note (not forming part of these Regulations): This revision replaces the 2021 Revision which should now be discarded. Mutual Funds (Annual Returns) Regulations (2026 Revision) Arrangement of Regulations Mutual Funds Act (2025 Revision) MUTUAL FUNDS (ANNUAL RETURNS) REGULATIONS (2026 Revision) Arrangement of Regulations Regulation\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_1\", \"num\": \"1.\", \"text\": \"1A. 2. 3.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_4\", \"num\": \"4.\", \"text\": \"SCHEDULE Particulars To Be Included In Annual Returns In Respect Of Regulated Mutual Funds ENDNOTES Mutual Funds (Annual Returns) Regulations (2026 Revision) Regulation 1 Mutual Funds Act (2025 Revision) MUTUAL FUNDS (ANNUAL RETURNS) REGULATIONS (2025 Revision) 1. Citation 1. These Regulations may be cited as the Mutual Funds (Annual Returns) Regulations (2026 Revision). 1A. Definitions 1A. In these Regulations \u2014 \u201cprincipal Act\u201d means the Mutual Funds Act (2025 Revision);\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_2\", \"num\": \"2.\", \"text\": \"Returns 2. (1) In respect of each financial year of a regulated mutual fund, accurate and complete returns for the fund containing the particulars set forth in the Schedule shall be completed and submitted to the Authority or, if the fund has sub-funds in its structure, for each sub-fund in its structure, in such manner as the Authority may from time to time direct, within six months after the end of the financial year to which it relates or within such extension of that period as the Authority may allow. (1A) For returns for sub-funds, the Schedule applies \u2014 (a) to the extent it is relevant to sub-funds; Regulation 3 Mutual Funds (Annual Returns) Regulations (2026 Revision) (b) as if a reference to a regulated mutual fund were a reference to a sub-fund; and (c) with any other necessary changes. (2) The returns shall be submitted to the Authority through an auditor appointed under section 8 of the principal Act or such other person as may be designated by the Authority. (3) In completion of the returns, the mutual fund shall have regard to any explanatory material issued with respect thereto by the Authority. (4) The operator of a regulated mutual fund shall ensure the fund complies with paragraphs (1) and (1A). (4A) An operator who contravenes paragraph (4) commits an offence and is liable to a fine of five hundred dollars. (5) The only responsibility of an auditor under these Regulations is to submit to the Authority in a timely manner each return received by the auditor from the operator of a regulated mutual fund and such auditor shall not be liable for the accuracy or completeness of any returns submitted by such auditor pursuant to paragraph (2). (6) In this regulation \u2014 \u201creturn\u201d means annual return; \u201csegregated portfolio company\u201d is defined in section 212 of the Companies Act (2026 Revision); and \u201csub-fund\u201d, of a regulated mutual fund, includes any or all of the following in the fund\u2019s structure \u2014 (a) a segregated portfolio in a segregated portfolio company structure; (b) a sub-trust of a trust or in an umbrella or master unit trust structure; and (c) a class of shares, units or interests in a company, trust or partnership for which the fund maintains individually presented separate accounts.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_3\", \"num\": \"3.\", \"text\": \"Repealed 3. Repealed by regulation 2 of the Mutual Funds (Annual Returns) Regulations, 2025 [SL 67 of 2025]. 4. Repealed 4. Repealed by regulation 3 of the Mutual Funds (Annual Returns) Regulations, 2024 [SL 71 of 2024]. Mutual Funds (Annual Returns) Regulations (2026 Revision) SCHEDULE SCHEDULE (Regulation 2) Particulars To Be Included In Annual Returns In Respect Of Regulated Mutual Funds A. General Information 1. Name of fund 2. Certificate number issued for the fund by the Authority 3. Legal structure of fund 4. Particulars of fund operator(s): (a) name(s); and (b) e-mail address(es)\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_5\", \"num\": \"5.\", \"text\": \"Year\/reporting period covered by the return\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_6\", \"num\": \"6.\", \"text\": \"Name and address of investment manager\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_7\", \"num\": \"7.\", \"text\": \"Name and address of administrator\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_8\", \"num\": \"8.\", \"text\": \"Address of registered office\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_9\", \"num\": \"9.\", \"text\": \"Name of auditor\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_10\", \"num\": \"10.\", \"text\": \"Name and address of legal counsel: (a) onshore; and (b) offshore 10A. Legal entity identifier (if applicable); 10B. Operating structure \u2014 (a) Is this report for a master fund or a regulated feeder fund? (b) Are there any investors in the master fund that are not regulated feeder funds?  If so, how many? (c) If a master fund - (i) Name and number of all feeder funds; (ii) Certificate number(s) issued for the regulated feeder fund(s) by the Authority; (iii) Legal entity identifier (if applicable); SCHEDULE Mutual Funds (Annual Returns) Regulations (2026 Revision) (iv) Country of domicile; (v) Name of regulator (if applicable); and (vi) Country of regulator (if applicable); (d) If a regulated feeder fund - (i) Name of master fund; (ii) Certificate number issued for the master fund by the Authority; and (iii) Legal entity identifier, (if applicable); and (e)   Is the fund a money market fund? 10C. Investment manager \u2014 (a) Legal entity identifier, (if applicable); (b) Name of regulator (if applicable); (c) Country of regulator (if applicable); (d) Name of sub-advisors or sub-managers to whom investment manager functions have been delegated  (if applicable); and (e) Country of sub-advisors or sub-managers to whom investment manager functions have been delegated (if applicable); and (f)     Is the investment manager independent? 10D. Mutual Fund Administration \u2014 (a) Name of net asset value calculation agent sub-delegated (if applicable); (b) Country of net asset value calculation agent sub-delegated (if applicable); (c) Name of registrar and transfer agent contracted; (d) Country of registrar and transfer agent contracted; (e) Name of registrar and transfer agent sub-delegated (if applicable); (f) Country of registrar and transfer agent sub-delegated (if applicable); (g)  Name of regulator for net asset value calculation agent contracted (if applicable); (h)   Country of the regulator for net asset value calculation agent contracted (if applicable); (i)    Is the net asset value calculation agent independent? (j)    Name of regulator for registrar and transfer agent contracted (if applicable); (k) Country of regulator for registrar and transfer agent contracted (if applicable); and Mutual Funds (Annual Returns) Regulations (2026 Revision) SCHEDULE (l)    Is the registrar and transfer agent independent? 10E. Auditor \u2014 Has the auditor, as last notified to the Authority, resigned or indicated that it will not perform the audit for the next year? 10F. Custodian \u2014 (a) Name of custodian contracted; (b) Country of custodian contracted; (c) Name of regulator (if applicable); (d) Country of regulator (if applicable); (e) Name of any sub-custodians (if applicable); and (f) Country of any sub-custodians (if applicable); 10G. Jurisdiction(s) of the investors \u2014 (a)   Number of domestic investors; (b)   Total number of investors; (c)    Percentage of net asset value held by domestic investors; (d)    Number and percentage of retail investors (foreign and domestic); (e)    Number and net asset value holdings of investors per type for the top five types (high net worth individuals, politically exposed persons (foreign and domestic), other natural persons, non-bank financial institutions, trusts, non-financial corporations); (f)    Number and net asset value holdings of nominee investors per type for the top five types (high net worth individuals, politically exposed persons (foreign and domestic), other natural persons, non-bank financial institutions, trusts, non-financial corporations); and (g)   Number of investors and net asset value holdings per country for the top five countries\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_11\", \"num\": \"11.\", \"text\": \"Other B. Operating Information\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_12\", \"num\": \"12.\", \"text\": \"Amount of investments held, by type of instrument, to the extent available\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_13\", \"num\": \"13.\", \"text\": \"Type of fund by: (a) investment strategy; and (b) operating structure\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_14\", \"num\": \"14.\", \"text\": \"Stock exchange on which the equity interests are listed, if applicable SCHEDULE Mutual Funds (Annual Returns) Regulations (2026 Revision)\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_15\", \"num\": \"15.\", \"text\": \"Minimum subscription amount disclosed in the offering document\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_16\", \"num\": \"16.\", \"text\": \"Has trading of the equity interests been suspended?\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_17\", \"num\": \"17.\", \"text\": \"Have all or substantially all the participating equity interests been redeemed?\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_18\", \"num\": \"18.\", \"text\": \"Have there been any regulatory investigations in respect of the fund?\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_19\", \"num\": \"19.\", \"text\": \"Has the offering document changed?\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_20\", \"num\": \"20.\", \"text\": \"Has the operator made a decision to terminate the fund? 20A. Has the fund side-pocketed investments during the reporting period? 20B. Has the fund implemented a gate on redemptions or withdrawals during the reporting period? 20C. How many operator meetings were held during the reporting period? 20D. Total number of side letters signed with investors\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_21\", \"num\": \"21.\", \"text\": \"Other C. Financial Information\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_22\", \"num\": \"22.\", \"text\": \"Type of audit opinion\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_23\", \"num\": \"23.\", \"text\": \"Generally accepted accounting principles followed by the fund\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_24\", \"num\": \"24.\", \"text\": \"Generally accepted auditing standards used\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_25\", \"num\": \"25.\", \"text\": \"Reporting currency of the audited accounts\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_26\", \"num\": \"26.\", \"text\": \"Total assets\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_27\", \"num\": \"27.\", \"text\": \"Net asset value at beginning of period\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_28\", \"num\": \"28.\", \"text\": \"Total subscriptions for period\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_29\", \"num\": \"29.\", \"text\": \"Total redemptions for period\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_30\", \"num\": \"30.\", \"text\": \"Total dividends\/distributions for period\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_31\", \"num\": \"31.\", \"text\": \"Net income\/net increase in net assets from operations\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_32\", \"num\": \"32.\", \"text\": \"Net asset value at end of period\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_33\", \"num\": \"33.\", \"text\": \"Expenses (broken down as far as possible as below, if not aggregated): (a) professional; (b) administration; (c) management; and (d) performance Mutual Funds (Annual Returns) Regulations (2026 Revision) SCHEDULE 33A. Asset and Liability Allocation \u2014 (a) Investment by the regulated feeder fund into a master fund; (b) Long position equities; (c) Short positions; (d) Debt instruments; (e) Other funds; (f) Money market instruments (g) Derivatives - assets & liabilities; (h)    Margin account with third party; (i)     Accounts receivable; (j)     Due from brokers or custodian; (k)    Other assets; (l)     Accounts payable; (m)   Due to brokers or custodian; (n)    Other liabilities; (o)    Total cash; (p)   Cash held in banks licensed in the Islands under the Banks and Trust Companies Act (2025 Revision); and (q)    Liquidity index for assets 33B. Leverage 33C. Allocation of equity and debt securities by jurisdiction of issuer \u2014 (a)   Currency and counterparty sector of issuers of investments held by funds; (b)   Direct investments where the funds\u2019 holding represents ten percent or more of an entity; and (c)   Total end assets\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_34\", \"num\": \"34.\", \"text\": \"Other Return submitted by: \u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026. Date: \u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026.. SCHEDULE Mutual Funds (Annual Returns) Regulations (2026 Revision) Publication in consolidated and revised form authorised by the Cabinet this 28th of January, 2026. Kim Bullings Clerk of the Cabinet Mutual Funds (Annual Returns) Regulations (2026 Revision) ENDNOTES ENDNOTES Table of Legislation history: SL # Act\/Law # Legislation Commencement Gazette 67\/2025 Mutual Funds (Annual Returns) (Amendment) Regulations, 19-Dec-2025 LG55\/2025\/s1 71\/2024 Mutual Funds (Annual Returns) (Amendment) Regulations, 1-Jan-2025 LG47\/2024\/s37 Mutual Funds (Annual Returns) Regulations (2021 Revision) 12-Feb-2021 G14\/2021\/s5 56\/2020 Citation of Acts of Parliament Act, 2020 3-Dec-2020 LG89\/2020\/s1 24\/2020 Mutual Funds (Annual Returns) (Amendment) Regulations, 17-Mar-2020 LG19\/2020\/s2 Mutual Funds (Annual Returns) Regulations (2018 Revision) 23-Mar-2018 GE24\/2018\/s4 73\/2016 Mutual Funds (Annual Returns) (Amendment) Regulations, 16-Dec-2016 GE100\/2016\/s6 40\/2015 Mutual Funds (Annual Returns) (Amendment) Regulations, 15-Sep-2015 GE69\/2015\/s1 8\/2012 Mutual Funds (Annual Returns) (Amendment) Regulations, 30-Jan-2013 GE11\/2013\/s1 1\/2006 27-Dec-2006 G26\/2006\/s1 ENDNOTES Mutual Funds (Annual Returns) Regulations (2026 Revision) Mutual Funds (Annual Returns) Regulations (2026 Revision) ENDNOTES (Price: $3.20)\", \"element\": \"section\", \"heading\": null}], \"meta\": {\"notes\": null, \"workflow\": null, \"lifecycle\": {\"source\": \"#cilegis\", \"eventRef\": [{\"eId\": \"e_commence_2026_01_01\", \"date\": \"2026-01-01\", \"type\": \"generation\", \"source\": \"#cilegis\"}]}, \"references\": {\"source\": \"#canary\", \"TLCRole\": [], \"TLCEvent\": [{\"eId\": \"ev_commencement\", \"href\": \"\/akn\/ontology\/canary\/event\/commencement\", \"showAs\": \"commencement\"}], \"TLCPerson\": [], \"TLCConcept\": [{\"eId\": \"inForce\", \"href\": \"\/akn\/ontology\/canary\/concept\/temporal\/in-force\", \"showAs\": \"in force\"}], \"TLCProcess\": [], \"TLCLocation\": [], \"TLCOrganization\": [{\"eId\": \"cilegis\", \"href\": \"\/akn\/ontology\/canary\/organization\/editor\/cilegis\", \"showAs\": \"Cayman Islands legislation mirror 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DETAILS\nRevised under the authority of the Law Revision Act (2020 Revision).\n\nThe Mutual Funds (Annual Returns) Regulations, 2006 made the 29th November, 2006\nas amended by Act 56 of 2020.\n\nConsolidated with \u2014\nMutual Funds (Annual Returns) (Amendment) Regulations, 2012 made the 22nd\nNovember, 2012\nMutual Funds (Annual Returns) (Amendment) Regulations, 2015 made the\n8th September, 2015\nMutual Funds (Annual Returns) (Amendment) Regulations, 2016 made the 13th\nDecember, 2016\nMutual Funds (Annual Returns) (Amendment) Regulations, 2020 made the 16th\nMarch, 2020\nMutual Funds (Annual Returns) (Amendment) Regulations, 2024 made the 17th\nDecember, 2024\nMutual Funds (Annual Returns) (Amendment) Regulations, 202 made the 17th\nDecember, 2025.\n\nOriginally enacted \u2014\n\nAct 56 of 2020-7th December, 2020.\n\nConsolidated and revised this 31st day of December, 2025.\n\nNote (not forming part of these Regulations): This revision replaces the 2021 Revision\nwhich should now be discarded.\n\nMutual Funds (Annual Returns) Regulations (2026 Revision)\nArrangement of Regulations\n\nc\nRevised as at 31st December, 2025\nPage 5\n\nCAYMAN ISLANDS\n\nMutual Funds Act\n(2025 Revision)\nMUTUAL FUNDS (ANNUAL RETURNS)\nREGULATIONS\n(2026 Revision)\nArrangement of Regulations\nRegulation\nPage\n1.\nCitation ......................................................................................................................................7\n1A.\nDefinitions ..................................................................................................................................7\n2.\nReturns ......................................................................................................................................7\n3.\nRepealed ...................................................................................................................................8\n4.\nRepealed ...................................................................................................................................8\nSCHEDULE\n9\nParticulars To Be Included In Annual Returns In Respect Of Regulated Mutual Funds\n9\nENDNOTES\n15\nTable of Legislation history: ............................................................................................................... 15\n\nMutual Funds (Annual Returns) Regulations (2026 Revision)\nRegulation 1\n\nc\nRevised as at 31st December, 2025\nPage 7\n\nCAYMAN ISLANDS\n\nMutual Funds Act\n(2025 Revision)\nMUTUAL FUNDS (ANNUAL RETURNS)\nREGULATIONS\n(2025 Revision)\n\n1.\nCitation\n1.\nThese Regulations may be cited as the Mutual Funds (Annual Returns) Regulations\n(2026 Revision).\n1A.\nDefinitions\n1A. In these Regulations \u2014\n\n\u201cprincipal Act\u201d means the Mutual Funds Act (2025 Revision);\n2.\nReturns\n2.\n(1) In respect of each financial year of a regulated mutual fund, accurate and\ncomplete returns for the fund containing the particulars set forth in the Schedule\nshall be completed and submitted to the Authority or, if the fund has sub-funds\nin its structure, for each sub-fund in its structure, in such manner as the Authority\nmay from time to time direct, within six months after the end of the financial\nyear to which it relates or within such extension of that period as the Authority\nmay allow.\n(1A) For returns for sub-funds, the Schedule applies \u2014\n(a)\nto the extent it is relevant to sub-funds;\n\nRegulation 3\nMutual Funds (Annual Returns) Regulations (2026 Revision)\n\nPage 8\nRevised as at 31st December, 2025\nc\n\n(b) as if a reference to a regulated mutual fund were a reference to a sub-fund;\nand\n(c)\nwith any other necessary changes.\n(2) The returns shall be submitted to the Authority through an auditor appointed\nunder section 8 of the principal Act or such other person as may be designated\nby the Authority.\n(3) In completion of the returns, the mutual fund shall have regard to any\nexplanatory material issued with respect thereto by the Authority.\n(4) The operator of a regulated mutual fund shall ensure the fund complies with\nparagraphs (1) and (1A).\n(4A) An operator who contravenes paragraph (4) commits an offence and is liable to\na fine of five hundred dollars.\n(5) The only responsibility of an auditor under these Regulations is to submit to the\nAuthority in a timely manner each return received by the auditor from the\noperator of a regulated mutual fund and such auditor shall not be liable for the\naccuracy or completeness of any returns submitted by such auditor pursuant to\nparagraph (2).\n(6) In this regulation \u2014\n\u201creturn\u201d means annual return;\n\u201csegregated portfolio company\u201d is defined in section 212 of the Companies\nAct (2026 Revision); and\n\u201csub-fund\u201d, of a regulated mutual fund, includes any or all of the following in\nthe fund\u2019s structure \u2014\n(a)\na segregated portfolio in a segregated portfolio company structure;\n(b) a sub-trust of a trust or in an umbrella or master unit trust structure; and\n(c)\na class of shares, units or interests in a company, trust or partnership for\nwhich the fund maintains individually presented separate accounts.\n3.\nRepealed\n3.\nRepealed by regulation 2 of the Mutual Funds (Annual Returns) Regulations, 2025\n[SL 67 of 2025].\n4.\nRepealed\n4.\nRepealed by regulation 3 of the Mutual Funds (Annual Returns) Regulations, 2024\n[SL 71 of 2024].\n\nMutual Funds (Annual Returns) Regulations (2026 Revision)\n\nSCHEDULE\n\nc\nRevised as at 31st December, 2025\nPage 9\n\n SCHEDULE\n(Regulation 2)\nParticulars To Be Included In Annual Returns In Respect Of\nRegulated Mutual Funds\nA.\nGeneral Information\n1.\nName of fund\n2.\nCertificate number issued for the fund by the Authority\n3.\nLegal structure of fund\n4.\nParticulars of fund operator(s):\n(a) name(s); and\n(b) e-mail address(es)\n5.\nYear\/reporting period covered by the return\n6.\nName and address of investment manager\n7.\nName and address of administrator\n8.\nAddress of registered office\n9.\nName of auditor\n10.\n\nName and address of legal counsel:\n  (a) onshore; and\n  (b) offshore\n10A.\nLegal entity identifier (if applicable);\n10B.\nOperating structure \u2014\n(a)\nIs this report for a master fund or a regulated feeder fund?\n(b) Are there any investors in the master fund that are not regulated feeder\nfunds?  If so, how many?\n(c)\nIf a master fund -\n(i)\nName and number of all feeder funds;\n(ii) Certificate number(s) issued for the regulated feeder\n         fund(s) by the Authority;\n(iii) Legal entity identifier (if applicable);\n\nSCHEDULE\nMutual Funds (Annual Returns) Regulations (2026 Revision)\n\nPage 10\nRevised as at 31st December, 2025\nc\n\n(iv) Country of domicile;\n(v) Name of regulator (if applicable); and\n(vi) Country of regulator (if applicable);\n(d) If a regulated feeder fund -\n(i)\nName of master fund;\n(ii) Certificate number issued for the master fund by\n          the Authority; and\n(iii) Legal entity identifier, (if applicable); and\n(e)   Is the fund a money market fund?\n10C.\nInvestment manager \u2014\n(a)\nLegal entity identifier, (if applicable);\n(b) Name of regulator (if applicable);\n(c)\nCountry of regulator (if applicable);\n(d) Name of sub-advisors or sub-managers to whom investment manager\nfunctions have been delegated  (if applicable); and\n(e)\nCountry of sub-advisors or sub-managers to whom investment manager\nfunctions have been delegated (if applicable); and\n(f)     Is the investment manager independent?\n10D.\nMutual Fund Administration \u2014\n(a)\nName of net asset value calculation agent sub-delegated (if applicable);\n(b) Country of net asset value calculation agent sub-delegated (if applicable);\n(c)\nName of registrar and transfer agent contracted;\n(d) Country of registrar and transfer agent contracted;\n(e)\nName of registrar and transfer agent sub-delegated (if applicable);\n(f)\nCountry of registrar and transfer agent sub-delegated (if applicable);\n(g)  Name of regulator for net asset value calculation agent contracted (if\napplicable);\n(h)   Country of the regulator for net asset value calculation agent contracted (if\napplicable);\n(i)    Is the net asset value calculation agent independent?\n(j)    Name of regulator for registrar and transfer agent contracted (if applicable);\n(k) Country of regulator for registrar and transfer agent contracted (if\napplicable); and\n\nMutual Funds (Annual Returns) Regulations (2026 Revision)\n\nSCHEDULE\n\nc\nRevised as at 31st December, 2025\nPage 11\n\n(l)    Is the registrar and transfer agent independent?\n10E.\nAuditor \u2014\n       Has the auditor, as last notified to the Authority, resigned or\n       indicated that it will not perform the audit for the next year?\n10F.\nCustodian \u2014\n(a)\nName of custodian contracted;\n(b) Country of custodian contracted;\n(c)\nName of regulator (if applicable);\n(d) Country of regulator (if applicable);\n(e)\nName of any sub-custodians (if applicable); and\n(f)\nCountry of any sub-custodians (if applicable);\n10G.\nJurisdiction(s) of the investors \u2014\n(a)   Number of domestic investors;\n(b)   Total number of investors;\n(c)    Percentage of net asset value held by domestic investors;\n(d)    Number and percentage of retail investors (foreign and domestic);\n(e)    Number and net asset value holdings of investors per type for the top five\ntypes (high net worth individuals, politically exposed persons (foreign and\ndomestic), other natural persons, non-bank financial institutions, trusts,\nnon-financial corporations);\n(f)    Number and net asset value holdings of nominee investors per type for the\ntop five types (high net worth individuals, politically exposed persons\n(foreign and domestic), other natural persons, non-bank financial\ninstitutions, trusts, non-financial corporations); and\n(g)   Number of investors and net asset value holdings per country for the top\nfive countries\n 11.\nOther\nB.\nOperating Information\n12.\nAmount of investments held, by type of instrument, to the extent available\n13.\nType of fund by:\n  (a) investment strategy; and\n  (b) operating structure\n14.\nStock exchange on which the equity interests are listed, if applicable\n\nSCHEDULE\nMutual Funds (Annual Returns) Regulations (2026 Revision)\n\nPage 12\nRevised as at 31st December, 2025\nc\n\n15.\nMinimum subscription amount disclosed in the offering document\n16.\nHas trading of the equity interests been suspended?\n17.\nHave all or substantially all the participating equity interests been redeemed?\n18.\nHave there been any regulatory investigations in respect of the fund?\n19.\nHas the offering document changed?\n20.\nHas the operator made a decision to terminate the fund?\n20A.\nHas the fund side-pocketed investments during the reporting period?\n20B.\nHas the fund implemented a gate on redemptions or withdrawals during the\nreporting period?\n20C.\nHow many operator meetings were held during the reporting period?\n20D.\nTotal number of side letters signed with investors\n21.\nOther\nC.\nFinancial Information\n22.\nType of audit opinion\n23.\nGenerally accepted accounting principles followed by the fund\n24.\nGenerally accepted auditing standards used\n25.\nReporting currency of the audited accounts\n26.\nTotal assets\n27.\nNet asset value at beginning of period\n28.\nTotal subscriptions for period\n29.\nTotal redemptions for period\n30.\nTotal dividends\/distributions for period\n31.\nNet income\/net increase in net assets from operations\n32.\nNet asset value at end of period\n33.\nExpenses (broken down as far as possible as below, if not aggregated):\n  (a) professional;\n  (b) administration;\n  (c) management; and\n  (d) performance\n\nMutual Funds (Annual Returns) Regulations (2026 Revision)\n\nSCHEDULE\n\nc\nRevised as at 31st December, 2025\nPage 13\n\n33A.\n\nAsset and Liability Allocation \u2014\n(a)\nInvestment by the regulated feeder fund into a master fund;\n(b) Long position equities;\n(c)\nShort positions;\n(d) Debt instruments;\n(e)\nOther funds;\n(f)\nMoney market instruments\n(g) Derivatives - assets & liabilities;\n(h)    Margin account with third party;\n(i)     Accounts receivable;\n(j)     Due from brokers or custodian;\n(k)    Other assets;\n(l)     Accounts payable;\n(m)   Due to brokers or custodian;\n(n)    Other liabilities;\n(o)    Total cash;\n(p)   Cash held in banks licensed in the Islands under the Banks and Trust\nCompanies Act (2025 Revision); and\n(q)    Liquidity index for assets\n33B.\nLeverage\n33C.\nAllocation of equity and debt securities by jurisdiction of issuer \u2014\n(a)   Currency and counterparty sector of issuers of investments held by funds;\n(b)   Direct investments where the funds\u2019 holding represents ten percent or more\nof an entity; and\n(c)   Total end assets\n34.\nOther\n\nReturn submitted by: \u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026.\n\nDate: \u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026..\n\nSCHEDULE\nMutual Funds (Annual Returns) Regulations (2026 Revision)\n\nPage 14\nRevised as at 31st December, 2025\nc\n\nPublication in consolidated and revised form authorised by the Cabinet this 28th of\nJanuary, 2026.\nKim Bullings\nClerk of the Cabinet\n\nMutual Funds (Annual Returns) Regulations (2026 Revision)\n\nENDNOTES\n\nc\nRevised as at 31st December, 2025\nPage 15\n\nENDNOTES\nTable of Legislation history:\nSL #\nAct\/Law\n#\nLegislation\nCommencement\nGazette\n67\/2025\n Mutual Funds (Annual Returns) (Amendment) Regulations,\n2025\n19-Dec-2025\nLG55\/2025\/s1\n71\/2024\n Mutual Funds (Annual Returns) (Amendment) Regulations,\n2024\n1-Jan-2025 LG47\/2024\/s37\n\n Mutual Funds (Annual Returns) Regulations (2021 Revision)\n12-Feb-2021\nG14\/2021\/s5\n\n56\/2020 Citation of Acts of Parliament Act, 2020\n3-Dec-2020\nLG89\/2020\/s1\n24\/2020\n Mutual Funds (Annual Returns) (Amendment) Regulations,\n2020\n17-Mar-2020\nLG19\/2020\/s2\n\n Mutual Funds (Annual Returns) Regulations (2018 Revision)\n23-Mar-2018\nGE24\/2018\/s4\n73\/2016\n Mutual Funds (Annual Returns) (Amendment) Regulations,\n2016\n16-Dec-2016 GE100\/2016\/s6\n40\/2015\n Mutual Funds (Annual Returns) (Amendment) Regulations,\n2015\n15-Sep-2015\nGE69\/2015\/s1\n8\/2012\n Mutual Funds (Annual Returns) (Amendment) Regulations,\n2012\n30-Jan-2013\nGE11\/2013\/s1\n1\/2006\n Mutual Funds (Annual Returns) Regulations, 2006\n27-Dec-2006\nG26\/2006\/s1\n\nENDNOTES\nMutual Funds (Annual Returns) Regulations (2026 Revision)\n\nPage 16\nRevised as at 31st December, 2025\nc\n\nMutual Funds (Annual Returns) Regulations (2026 Revision)\n\nENDNOTES\n\nc\nRevised as at 31st December, 2025\nPage 17\n\n(Price: $3.20)","akn_extracted_at":"2026-06-22 15:39:22.271371+00","cms_id":"2006-0001","law_type":"subordinate","year":"2006","number":"1","title":"Mutual Funds (Annual Returns) Regulations","status":"in_force"},"provenance":{"files":[{"file_id":"5773","expr_id":"652","kind":"akn_xml","filename":"2006-0001_2026 Revision.akn.xml","source_url":null,"storage_path":"\/Users\/q\/kyleg-data\/working\/SUBORDINATE\/2006\/2006-0001\/2006-0001_2026 Revision.akn.xml","content_md5":"fd46c94ea44d3cbc9c8d130670050061","byte_size":"19176","http_last_modified":null,"fetched_at":"2026-06-22 15:39:22.505563+00"},{"file_id":"1303","expr_id":"652","kind":"pristine_pdf","filename":"2006-0001_2026 Revision.pdf","source_url":"\/cms\/images\/LEGISLATION\/SUBORDINATE\/2006\/2006-0001\/2006-0001_2026 Revision.pdf","storage_path":"\/Users\/q\/kyleg-data\/pristine\/SUBORDINATE\/2006\/2006-0001\/2006-0001_2026 Revision.pdf","content_md5":"7d335ea779083c749ddd6dfba1f2af7f","byte_size":"415105","http_last_modified":null,"fetched_at":"2026-06-21 23:09:36.174518+00"},{"file_id":"1304","expr_id":"652","kind":"working_pdf","filename":"2006-0001_2026 Revision.pdf","source_url":"\/cms\/images\/LEGISLATION\/SUBORDINATE\/2006\/2006-0001\/2006-0001_2026 Revision.pdf","storage_path":"\/Users\/q\/kyleg-data\/working\/SUBORDINATE\/2006\/2006-0001\/2006-0001_2026 Revision.pdf","content_md5":"7d335ea779083c749ddd6dfba1f2af7f","byte_size":"415105","http_last_modified":null,"fetched_at":"2026-06-21 23:09:36.174518+00"}],"paragraph_count":29,"latest_history":null},"quality":{"expr_id":"652","doc_id":"652","quality_state":"needs_review","quality_score":"76","needs_human_review":"t","deterministic_categories":"{duplicate_text,page_header_footer_noise}","llm_categories":"{title_mismatch,other}","repair_actions":"{collapse_duplicate_text,manual_review,strip_page_furniture,verify_title_metadata}","finding_severity_counts":"{\"low\": 1, \"medium\": 1}","finding_summary":"Extraction contains title discrepancy and a substantial omission in the schedule requiring review.","assessed_at":"2026-06-22 15:29:45.884835+00","updated_at":"2026-06-22 15:29:45.884835+00"}}