Registered mutual funds are suitable for funds with a minimum subscription of US$100,000. They are also for funds listed on a stock exchange (including over-the-counter markets) specified by the Cayman Islands Monetary Authority. Under this category, the fund is simply registered with the Cayman Islands Monetary Authority by the submission of a completed registration form (MF1), which would include specific details from the fund’s current offering memorandum, along with the initial and annual registration fee.