Competent investors make their own decisions about their investments. The more transparent the investment, the less vulnerable the investor. High transparency provides the investor with the information needed for him to decide whether he is satisfied with the management of his assets and if investment in a particular product conforms with his requirements. Unlike people who invest directly in shares, investors in contractual investment funds have no participation rights.
German: Anlegerschutz und Transparenz (85)
Source: SFO D15 2010 m. e. E., 24.04.2010