ESA Joint Committee · priips-136 Final

What value should be input into portfolio transaction costs of PRIPs other than investment funds?

Regulation
PRIIPs
Answered
2017-07-04
Answer provided by
ESAs (EBA, ESMA, EIOPA)
⚠

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Question

What value should be input into portfolio transaction costs of PRIPs other than investment funds?

Answer

This will depend on the situation of each PRIP. All costs must be included but only once. When transaction costs are, for example, included in hedging costs, there should not be any double counting of such costs, as specified in Point 77 of Annex VI.

This Q&A is published by ESA Joint Committee (EBA, ESMA, EIOPA) and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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