This information provides an introduction only to the listing of investment funds on the ISE. The Publications section of this website contains complete information.
1 Appoint a sponsor. A sponsor which is registered with the ISE must be appointed by every applicant fund. The sponsor is responsible for dealing with the ISE on all matters in relation to the application and for ensuring the applicant’s suitability for listing prior to any submission to the ISE. A current list of registered sponsors is available on this website - see Authorised Sponsors
2 Comply with the ISE conditions for listing. Every fund and its sponsor must be satisfied that it can meet all the conditions for listing prior to applying to the ISE. The ISE should be consulted in advance in the case of any uncertainty. A summary of the main conditions for listing can be found here.
3 Submit draft listing document/prospectus to the ISE for approval. A fund must submit through its sponsor a listing document for review and comment by the ISE. Usually this document will also be the prospectus which will be used to promote the fund. The ISE requires specific disclosures to be included in the document (see Document Content for a summary) which must also demonstrate compliance with the ISE’s conditions for listing.
4 Approval of listing document and submission of ‘48 hour’ documents.
Once approved by the ISE, the listing document must be signed off by the directors and sponsor before publication. Documents including material contracts, constitutive documents, directors’ details and confirmations must be submitted (or retained by the sponsor) at least 48 hours before the fund is due to list.
5 Listing. Once shares or units in the fund are issued, the listing will proceed on the day requested by the fund promoters.
6 Fees. An application fee and an annual fee must be paid to the ISE prior to admission to listing. Details of fees can be found here.
7 Ongoing Obligations. Once listed, a fund must continue to comply with the conditions for listing and must comply with the ongoing obligations of the ISE.
For further information, please contact: firstname.lastname@example.org