2. The prospectus must contain sufficient information for investors to make an informed judgement of the investment proposed to them.
3. A Retail Investor AIF must where relevant comply with Regulation 24 of the AIFM Regulations regarding disclosure to unitholders obligations. The information set out in Regulation 24(1) to (3) of the AIFM Regulations, which AIFMs are required to make available to prospective investors before they invest, must be disclosed in a Retail Investor AIF's prospectus. For Regulations 24(1)(k), (m) and (n), the prospectus can disclose where the relevant documentation or information is available.