Welcome to the AREF Guidance page. AREF's aim is to establish industry standards and promote best practice, we do this by encouraging members to follow our Code of Practice, and through guidance papers on more specific topics. 

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05 Sep 2016

End of Fund Life Guidance

30 Jun 2022

Guidance on Expense Ratios

30 Sep 2022

Open End Fund Pricing Guidance

Member only content
27 May 2020

Suspensions Q&A

21 May 2021

Cost Transparency Initiative (CTI) Reporting

13 Aug 2014

AREF Fund Pricing Recommendations - August 2014

23 Feb 2023

Diversity, Equity & Inclusion - Guidance for Members

16 Jul 2024

AREF Guide for Investors: Questions to ask your Property Fund Manager

29 Sep 2023

Fund Structures Overview Guidance

09 Oct 2023

ESG & Impact Investing Guidelines for AREF Members

30 Nov 2023

Engagement with Investors during Fund Mergers & Acquisitions - Guidelines for AREF Members

01 May 2024

The IA Market Practice Paper - Real Estate Transactions & AML Practice