CG41303 - Unit and investment trusts: authorised investment funds: qualifying investor schemes
An AIF â€� whether an authorised unit trust or an OEIC â€� may also be aqualified investor scheme (QIS). QIS funds have wider investment and borrowing powers thanother AIFs can only be marketed to ‘qualifiedâ€� investors â€� see CTM48800onwards. »Ê¹ÚÌåÓýapp tax treatment of a QIS as an entity is the same as for other AIFs, butspecial rules apply to investors in QIS funds: see CTM48800 onwards for details.