Contributions in kind made at the formation of a fonds commun de placement are valued under the same conditions as subsequent contributions of securities and in accordance with the procedures set out in the fund rules.
The former fund, which retains the assets whose disposal would not be in the best interests of the unitholders pursuant to article L. 214-8-7, and the new fund have the same portfolio management company, the same custodian and the same auditor. The new fund intended to receive assets other than those mentioned in the first paragraph is of the same nature as the fund involved in the split. The portfolio…
I. – The eligible financial securities referred to in 1° of I of article L. 214-20 meet the following conditions: 1° The potential loss to which the UCITS is exposed as a result of holding them is limited to the amount it paid to acquire them; 2° Their liquidity does not compromise the UCITS’ ability to comply with the provisions of Articles L. 214-7 and L. 214-8; 3° A reliable…
The money market instruments referred to in 2° of I of Article L. 214-20 meet the following conditions: 1° They meet at least one of the following criteria: a) They have an issue maturity of up to 397 days ; b) They have a residual maturity of up to 397 days; c) Their yield is adjusted regularly, at least every 397 days, in accordance with money market conditions; d) Their…
I. – The eligible financial securities and money market instruments referred to in I of article L. 214-20 are : 1° Either eligible financial securities and money market instruments admitted to trading on a regulated market within the meaning of article L. 422-1 ; 2° Eligible financial securities and money market instruments admitted to trading on another regulated market which operates regularly, is recognised, is open to the public and…
I. – The money market instruments referred to in 5° of I of article R. 214-11 are : 1° Issued or guaranteed by : a) A Member State of the European Union or another State party to the Agreement on the European Economic Area or, for one of these States, in the case of a federal State, one of the members making up the Federation ; b) A regional or…
The units or shares of undertakings for collective investment and investment funds referred to in 3° of I of Article L. 214-20 include units or shares of UCITS governed by French or foreign law or units or shares of FIAs governed by French law or FIAs established in other Member States of the European Union or in other States party to the Agreement on the European Economic Area, as well…
The deposits referred to in 4° of I of article L. 214-20 are deposits made with a credit institution that are repayable on demand or can be withdrawn and have a maturity of twelve months or less, provided that the credit institution has its registered office in a Member State of the European Union or in another State party to the Agreement on the European Economic Area or, if its…
A UCITS may enter into the financial contracts referred to in 5° of the I of Article L. 214-20 concluded on the markets referred to in 1°, 2° or 3° of the I of Article R. 214-11 or traded over-the-counter, subject to the following conditions: 1° These relate to one or more of the following: a) The assets referred to in article L. 214-20, including instruments with one or more…
A UCITS may enter into the financial contracts provided for in 5° of the I of Article L. 214-20 and entered into on the markets mentioned in 1°, 2° or 3° of the I of Article R. 214-11 or traded over-the-counter, provided that, overall, the exposure to the underlying assets does not exceed the investment limits provided for in Articles R. 214-21, R. 214-24 and R. 214-25. When these financial…
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75001, Paris France
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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Paris Bar Registration n° (Toque) C2396
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