The investments of a UCITS must consist solely of any one or more of the following -
(a) transferable securities and money market instruments admitted to or dealt in on a regulated market within the meaning of Article 1(13) of Council Directive 93/22/EEC [OJ L 141/27 of 11/6/1993];
(b) transferable securities and money market instruments dealt in on another regulated market in a Member State which operates regularly and is recognised and open to the public;
(c) transferable securities and money market instruments admitted to official listing on a stock exchange in a non-Member State or dealt in on another regulated market in a non-Member State which operates regularly and is recognised and open to the public provided that the choice of stock exchange or market has been approved by the Bank or is provided for in the trust deed, the deed of constitution or in the investment company's articles; and
(d) recently issued transferable securities, provided -
(i) the terms of issue include