Info
🔗 Back to Summary. 🇫🇷 French Version: 2024R2759_FR.2. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 1 – The use of financial derivative instruments solely for hedging purposes ⬅️ | ➡️ 760
Références LVL1 <=> LVL2
Level 1 reference(s): 2015R0760_EN.18 > 3
Article 2 - Circumstances in which the life of an ELTIF is compatible with the life-cycles of each of its individual assets
When assessing whether the life of an ELTIF is compatible with the life-cycles of each of the individual assets of the ELTIF, as referred to in 2015, the manager of an ELTIF shall consider all of the following:
(a)
the liquidity profile of each of the individual assets of the ELTIF;
(b)
the liquidity profile of the ELTIF’s portfolio on a weighted basis;
(c)
the timing of the acquisition and the disposal of each of the individual assets of the ELTIF, assessed against the background of the economic life-cycle of the assets, and the life of the ELTIF;
(d)
the investment objective of the ELTIF;
(e)
where an ELTIF provides for the possibility of redemptions during the life of the ELTIF, the redemption policy of the ELTIF;
(f)
the cash management needs and expected cash-flow and liabilities of the ELTIF;
(g)
the possibility to roll over, or terminate, the exposure of the ELTIF to the individual assets of the ELTIF;
(h)
the availability of a reliable, sound, and up-to-date valuation of the assets in the ELTIF’s portfolio;
(i)
the portfolio composition and the life-cycle management of the ELTIF’s assets throughout the life of the ELTIF.