This publication has been prepared for the assistance of those who are considering the establishment of a Bermuda entity to act as an investment (or “mutual”) fund.  It deals in broad terms with the requirements of Bermuda law with respect to the establishment and operation of such entities.  It is not intended to be exhaustive but merely to provide brief details and information which we hope will be of use to our clients.  We recommend that our clients seek legal advice in Bermuda on their specific proposals before taking steps to implement them.

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