Bell Rock glossary

Registered Fund

A Cayman open-ended fund registered with CIMA under section 4(3) of the Mutual Funds Act, the most common registration category for hedge funds.

Fund Structures & Vehicles

Mutual Funds Act (As Revised)

October 17, 2026

A registered fund is an open-ended Cayman fund that registers with CIMA under the Mutual Funds Act rather than holding a fund licence or using a licensed administrator. It is the most widely used category for hedge funds, subject to minimum investment or listing requirements, the appointment of a Cayman-approved auditor, and the filing of audited financial statements and an annual return. Registration must be maintained for as long as the fund carries on business.

Related guidance

Limited Partnership Agreement · Limited Partner

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