FUNDS 12.2.1

(1) A Fund Manager shall:
(a) manage the Fund including the Fund Property in accordance with the Fund's Constitution and its most recent Prospectus;
(b) perform the functions conferred on it by the Fund's Constitution and by or under these Rules;
(c) comply with any conditions or restrictions imposed by the Regulator including those on its Financial Services Permission or in respect of the Fund; and
(d) comply with any requirements or limitations imposed under these Rules including any limits relating to financial interests it or any of its associates may hold in a Fund, for which it acts as the appointed Fund Manager.