ESMA_QA_1164

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1164

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Regulatory Context

Regulation : UCITS

Level 1 Regulation: Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: Disclosures

Subject Matter: KIID Financial indices

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Question

Submission Date: 24 March 2014

Do the guidelines on financial indices also apply to UCITS that only use financial indices as performance benchmark?

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ESMA Answer

Answer Date: 24-03-2014

[ESMA 34-43-392 UCITS Q&A, section 3, Q&A 7a] No. The guidelines on financial indices apply only to UCITS that are using any indices for investment purposes.

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This document was automatically extracted from the ESMA EMIR Q&A database.