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Version date: 6 June 2019 - onwards
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ID 1091 (Last update: 06/06/2019)

Q. Can a UCITS crystallise and pay a performance fee upon the redemption of its shares/units by an investor?

A. Yes. The crystallisation and payment of a performance fee by a UCITS upon the redemption of shares/units by an investor is not considered to be an annual calculation for the purposes of Regulation 40(4) of the Central Bank UCITS Regulations.

Comparing proposed amendment...