The following specific provisions would be incorporated into the new Annexes IV and X as described in Section 12.4:
Presentation of past performance for PRIIPs with a recommended holding period of 10 years or more
1. For linear PRIIPs with a recommended holding period of 10 years or more that are AIFs or UCITS or unit-linked insurance-based investment products past performance shall instead be presented as set out in points 2 to 5.
2. The information about the past performance of the PRIIP shall be presented in a bar chart covering the average performance of the PRIIP over different time periods during the last 10 years.
These time periods shall be 1 year, 3 years, 5 years and 10 years.
3. PRIIPs with performance of less than 5 complete calendar years shall use a presentation covering 1 year, 3 years and 5 years only.
4. For PRIIPs which do not yet have performance data for a complete time period, a statement shall be included explaining that there is insufficient data to provide a use
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