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APPENDIX D
Isle of Man Financial Services Authority Annual Report 2016/17 • 46
As at 31 March 2017 the Authority also had 22 Recognised Schemes from a designated territory
under Schedule 4 paragraph 1 to the Collective Investment Schemes Act 2008 and two
Individually Recognised Schemes under Schedule 4 paragraph 2 to that Act.
*Statistics are only collected in relation to services provided to Closed Ended Investment Companies that are listed
vehicles or with a minimum NAV of USD$50 million
COLLECT IVE INVESTMENT SCHEMES
AND SERVICES TO SCHEMES
TYPES OF SCHEME AND ASSET VALUES
Category of Collective
Investment Scheme
Number
of
Schemes
Net Asset Value of funds
under management/
administration US$
Gross Asset Value
of funds under
management/
administration US$
Authorised Schemes
(retail)
5
668.69m
668.94m
Regulated Fund
(can be retail)
4
131.48m
176.27m
Specialist Fund
17
1.06bn
1.31bn
Qualifying Fund
11
387.56m
431.49m
Full International
Scheme
(retail legacy fund)
3
70.71m
70.85m
Experienced Investor
Funds (‘EIF’)
(legacy funds)
Closed EIF
8
41.51m
55.03m
Legacy EIF
5
185.08m
520.02m
Qualifying EIF
7
66.87m
68.33m
Exempt Schemes
128
4.08bn
5.56bn
Overseas Schemes
56
5.63bn
5.95bn
Services to overseas
managers or
administrators of
schemes (previously
Inward Outsourcing)
3
637.98m
638.69m
Closed-Ended
Investment
Companies*
(CEIC)
41
4.72bn
5.90bn
Total (31/03/2017)
288
17.68bn
21.35bn
Total (31/03/2016)
328
22.24bn
26.03bn
% Change
-12.19
-20.50
-17.98