(1) A responsible person that uses, on behalf of a UCITS, a financial index for investment purposes shall, in the prospectus of the UCITS, provide sufficient disclosure to allow a prospective investor understand the following:
(a) the market that the index is representing;
(b) why the index is being used as part of the investment strategy of the UCITS;
(c) whether the investment will be made directly, through investment in the constituents of the index, or indirectly, through an FDI;
(d) where additional information on the index may be obtained.
(2) A responsible person that intends to make use, on behalf of a UCITS, of the increased diversification limits referred to in Regulation 71 of the UCITS Regulations, shall, in the prospectus of the relevant UCITS -
(a) disclose the intention to make use of the increased diversification limits, and
(b) provide a description of the exceptional market conditions that necessitate this investment.
(3) A responsible person shall, in the prospectus
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