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ASISA Collective Investment Schemes Overview 2015

An overview of South African Collective Investment Schemes for 2015 from the Association for Savings and Investment South Africa (ASISA).


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ASISA Collective Investment Schemes Overview 2015Href916 KB

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From The Glossary »

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Net Asset Ratio:

This represents the net approved assets, as defined by the Short-term Insurance Act, less the contingency reserve, expressed as a percentage of the greater of the premiums written less reinsurance for the current or preceding financial year. The statutory minimum ratio is 15%.
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