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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 27 May 2019 - onwards
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Regulation 60 Index-tracking funds

(1) A responsible person of an index-tracking UCITS shall include the following in the prospectus of the UCITS:

(a) a description of the index including information on the underlying components or details of where the exact composition of the index is published;

(b) information on how the index will be tracked and the implications of the chosen method for unit-holders in terms of their exposure to the underlying index and counterparty risk;

(c) information on the anticipated level of tracking error in normal market conditions;

(d) a description of factors that are likely to affect the ability of the UCITS to track the performance of the index, including transaction costs, small illiquid components and dividend reinvestments.

(2) A responsible person of an index-tracking leveraged UCITS shall include the following information in the prospectus of the UCITS:

(a) a description of the leverage policy and how the leverage policy is implemented;

(b) the cost of the leverage (where relevant);

Comparing proposed amendment...