Subject matter
Article 1
This Regulation lays down the detailed rules for the implementation of Articles 75(2), 78(2) to (5) and 81(1) of Directive 2009/65/EC.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
Subject matter
This Regulation lays down the detailed rules for the implementation of Articles 75(2), 78(2) to (5) and 81(1) of Directive 2009/65/EC.
General principles
1. Requirements laid down in this Regulation shall apply to any management company with regard to each UCITS it manages. 2. This Regulation shall apply to any investment company which has not designated a management company authorised pursuant to Directive 2009/65/EC.
Principles regarding the key investor information document
1. This Regulation specifies in an exhaustive manner the form and content of the document containing key investor information (hereinafter referred to as key investor information document). No other information or statements shall be included except where this Regulation states otherwise. 2. The key investor information shall be fair, clear and not misleading. 3. The key investor information document shall be provided in such a way as to ensure that investors are able to distinguish it from other material. In particular, it shall not be presented or delivered in a way that is likely to lead investors to consider it less important than other information about the UCITS and its risks and benefits.
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