Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 27 May 2019 - onwards
    Version 1 of 1    

Regulation 23 Portfolio management techniques

(1) A responsible person shall only use efficient portfolio management techniques and instruments for the purposes of Regulation 69(2) of the UCITS Regulations where same are in the best interests of the UCITS.

(2) A responsible person shall ensure that all the revenues arising from efficient portfolio management techniques, net of direct and indirect operational costs, are returned to the UCITS.

Comparing proposed amendment...