Examples of RQFII in a sentence
The RQFII licence has been granted to Union Bancaire Gestion Institutionnelle (France) SAS, Paris (“UBI”) by the China Securities Regulatory Commission (CSRC).
Qualified foreign investor(s) (including qualified foreign institutional investors (QFII) and Renminbi qualified foreign institutional investors (RQFII)) approved pursuant to the relevant PRC laws and regulations, as may be promulgated and/or amended from time to time.
According to RQFII rules, this Sub-Fund may not be acquired or held, directly or indirectly, by investors who are citizens of the People’s Republic of China.
RQFII status is subject to ongoing review by the Chinese authorities and may be revised, reduced or withdrawn at any time, which may affect the Sub-Fund.
The fund is exposed to the risk associated with the RQFII licence and status, which was allocated to Carmignac Gestion in 2014 on behalf of funds managed by the group’s management companies.