Investment compartments
Article 25
1. Where a UCITS consists of two or more investment compartments a separate key investor information document shall be produced for each individual compartment. 2. Each key investor information document referred to in paragraph 1 shall indicate within the ‘practical information’ section the following information: (a) that the key investor information document describes a compartment of a UCITS, and, if it is the case, that the prospectus and periodic reports are prepared for the entire UCITS named at the beginning of the key investor information document; (b) whether or not the assets and liabilities of each compartment are segregated by law and how this might affect the investor; (c) whether or not the investor has the right to exchange his investment in units in one compartment for units in another compartment, and if so, where to obtain information about how to exercise that right. 3. Where the management company sets a charge for the investor to exchange his investment in accordance with paragraph 2(c), and that charge differs from the standard charge for buying or selling units, that charge shall be stated separately in the ‘Charges’ section of the key investor information document.