ESA Joint Committee · priips-95 Final

If a UCITS, AIF or unit-linked insurance-based investment product does not yet have past performance data for one complete calendar year (and is not a UCITS or AIF which may provide simulated data for

Regulation
PRIIPs
Answered
2022-11-14
Answer provided by
ESAs (EBA, ESMA, EIOPA)
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Question

If a UCITS, AIF or unit-linked insurance-based investment product does not yet have past performance data for one complete calendar year (and is not a UCITS or AIF which may provide simulated data for past performance), how should this position be disclosed?

Answer

In accordance with point 8 of Annex VIII of the Delegated Regulation a statement that there is insufficient data to provide a useful indication of past performance should be included. There is no need to accompany that statement with a blank past performance chart. This Statement should be included in the ‘Other relevant information’ section.
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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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