1. The Retail Investor AIF shall, in its prospectus, identify, and describe in a comprehensive manner, the risks applicable to investing in that particular Retail Investor AIF. In particular Retail Investor AIFs must make reference to:
(a) the fact that prices of units may fall as well as rise;
(b) the desirability of consulting a stockbroker or financial adviser about the contents of the prospectus; and
(c) where relevant, the fact that the difference at any one time between the sale and repurchase price of units in the Retail Investor AIF means that the investment must be viewed as medium to long term.
2. The Retail Investor AIF shall, where relevant, contain in its prospectus a prominent risk warning which will make specific reference to the following:
(a) any potential for above average risk involved; and
(b) the suitability of this type of investment with the potential for above average risk only for people who are in a position to take such a risk.
3. The Retail Investor AIF shal
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