ESMA · ESMA_QA_1094 Answer Published

Clear language - KIID

Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
Topic
Disclosures
Submitted
2012-09-01
Answered
2012-09-01

Question

Is it possible to show the complete name of the fund when first mentioned and then simply refer it as “the Fund” after in the KIID.

Answer

[ESMA 34-43-392 UCITS Q&A, section 2, Q&A 5b] Yes and the same approach can be taken for share classes of funds with a reference to “the share class of the fund” in the KIID.

This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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