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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 88 Money-market UCITS

(1) A responsible person of a UCITS that is a money-market fund shall, in -

(a) the prospectus, and

(b) the KIID,

state whether the relevant UCITS is a Short-Term Money-Market Fund or a Money-Market Fund.

(2) A responsible person of a UCITS that is a money-market fund shall, in its prospectus -

(a) include a risk warning highlighting the difference between the nature of a deposit and the nature of an investment in a money-market fund, including mention of the risk that the principal invested in a money-market fund is capable of fluctuation, and

(b) provide information to investors on the risk and reward profile of the fund so as to enable an investor to identify any specific risks linked to the investment strategy of the money-market fund.

(3) Information that is provided in accordance with paragraph (2)(b) shall -

(a) in the case of every money-market fund, include, where relevant, investment in new asset classes, financial instruments or investment strategies that have unusual risk a

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