4.6.1 Information on past performance
Subject to the outcome of the consumer testing study, the consultation paper included proposed rules for the inclusion of past performance in the section of the KID "What are the risks and what could I get in return", as well as future performance scenarios, for certain types of funds and insurance-based investment products.
In general, all respondents agree that showing past performance together with future performance scenarios based on the existing methodology does not solve the problems identified with the current performance scenarios. The majority of respondents from the UCITS industry with a large position in equity are in favour of the presentation of past performance. Some respondents explicitly stated that their view does not depend on decisions about future performance scenarios. Respondents who represent stakeholders in AIFs (e.g. real estate funds) or UCITS bond funds doubt the additional benefit of past performance or state that this
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