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What is the role of the “Custodian”?

The Custodian is the one who takes on the role of protecting client’s assets and ensure seamless support with all investment regulatory requirements, and it must be a company licensed by the (CMA); in order to provide the custody services. The Custodian retains all the Fund’s important documents and records, which include but are not limited to the following: title deeds, investment decisions, important and substantial contracts related to the Fund’s operations and work, minutes of the Fund’s Board of Directors meetings, assessment reports, performance reports, and financial reports.