CHAPTER IX U.K. OBLIGATIONS CONCERNING INFORMATION TO BE PROVIDED TO INVESTORS

SECTION 1 U.K. Publication of a prospectus and periodical reports

Article 68 U.K.

1. An investment company and, for each of the common funds it manages, a management company, shall publish the following:

(a) a prospectus;

(b) an annual report for each financial year; and

(c) a half-yearly report covering the first six months of the financial year.

2. The annual and half-yearly reports shall be published within the following time limits, with effect from the end of the period to which they relate:

(a) four months in the case of the annual report; or

(b) two months in the case of the half-yearly report.