Subsection 3: Investment rules

I. – A UCITS may not invest more than : 1° 5% of its assets in eligible financial instruments or money market instruments issued by the same issuer ; 2° 20% of its assets in eligible financial securities or money market instruments issued by the same entity; 3° 20% of its assets in deposits placed with the same entity. The UCITS’ counterparty risk on a single counterparty resulting from over-the-counter…

I. – By way of derogation from the 10% limit set out in II of Article R. 214-21, a UCITS may invest up to 20% of its assets in equities and debt securities of a single issuer where, in accordance with the fund rules or the SICAV’s articles of association, the aim of the UCITS’ investment policy is to replicate the composition of an equity or debt securities index, including…

I. – Shares or units in undertakings for collective investment in transferable securities governed by French law marketed in France or in undertakings for collective investment in transferable securities governed by foreign law that have been notified in accordance with Article L. 214-2-2, provided that such admission is requested by these undertakings or by their management company and that the units or shares of these undertakings are traded at their…

By way of derogation from Article R. 214-21, a UCITS may invest, in accordance with the principle of risk spreading, up to 100% of its assets in different eligible financial securities and money market instruments mentioned in 1° of IV of Article R. 214-21. These eligible financial securities and money market instruments belong to at least six different issues, provided that the securities belonging to any one issue do not…

A UCITS may invest up to 20% of its assets in units or shares of the same UCITS governed by French or foreign law or FIA governed by French law or established in another Member State of the European Union or in another State party to the Agreement on the European Economic Area, as well as of an investment fund established under foreign law mentioned in 3° of I of…

I. – Investments in units or shares of FIAs governed by French law or established in other Member States of the European Union or in other States party to the Agreement on the European Economic Area, as well as investment funds governed by foreign law, may not exceed a total of 30% of the UCITS’ assets. II. – When a UCITS has acquired units or shares of another UCITS governed…