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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 73 Share classes

(1) A responsible person that uses FDI at share class level shall include in the UCITS prospectus a clear description of the strategies that the UCITS pursues and the effect that this may have on the relevant share class.

(2) A responsible person shall ensure that the prospectus of the relevant UCITS includes the following:

(a) a description of the general currency hedging strategies of the UCITS and the features of individual currency share classes;

(b) where a UCITS intends to invest in any asset that is denominated in a currency other than the base currency at share class level, a disclosure -

(i) as to whether it is the intention of the UCITS to hedge the resulting currency exposure back into the base currency and, if it is so intended, to what extent, and

(ii) of the general costs and, if relevant, exchange rate risk that is associated with the currency strategy;

(c) where a UCITS has established an unhedged currency share class, a disclosure -

(i) that a currency conversion will

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