The AIF Rulebook sets out the rules which apply to Retail Investor AIFs. However, the definitive rules for each Retail Investor AIF will be set out in its letter of authorisation.
The AIF Rulebook aalso outlines the types of conditions which the Central Bank may apply to AIFs established in other jurisdictions which propose to market to retail investors in Ireland. Again, the definitive rules for each such AIF will be set out in its letter of approval from the Central Bank to market its units in Ireland to retail investors.