For the purposes of Rule 4.12.19, Exposures with particularly high risks must include the following Investments:
(a) Investments in venture capital funds;
(b) Investments in hedge funds or alternative investment funds, including but not limited to Private Equity Funds;
(c) speculative immovable property financing; and
(d) any Investments declared by the Regulator to constitute high risk for the purpose of this Rule.