UCITS definition

UCITS means an undertaking for collective investment in transferable securities established pursuant to the UCITS Regulations;
UCITS means an undertaking for collective investment in transferable securities within the meaning of the UCITS Regulations;
UCITS means an undertaking the sole object of which is the collective investment in Transferable Securities and/or other liquid financial assets permitted under the UCITS Regulations of capital raised from the public and which operates on the principle of risk-spreading and the units/shares of which are at request of the holders repurchased or redeemed directly or indirectly out of those undertakings’ assets. Action taken by a UCITS to ensure that the stock exchange value of its units/shares does not vary significantly from their net asset value shall be regarded as equivalent to such repurchase or redemption. Other liquid financial assets include cash deposits, financial derivative instruments, other Collective Investment Schemes and Money Market Instruments;

Examples of UCITS in a sentence

  • If a financial enterprise prior to the formation of a third pillar pension product contract provides information on that product, it shall refer to the key information document for pension products or, if it concerns units in a UCITS, to the key investor information.

  • Based on this recognition, Hong Kong Management Companies may be appointed as delegates of the investment management function for Dutch UCITS and other CIS (provided that the home authority of such CIS also recog- nizes Hong Kong Management Company as eligible), including but not limited to UCITS that are or may be authorized by the AFM under Article 2:69b Wft provided that the delegation arrangement complies with the requirements provided in Domestic laws and regulations in the Netherlands.

  • A provider of units in a UCITS shall provide a key investor information document for each UCITS in which it offers its units.

  • The Recognised Dutch Fund must have a depositary that is qualified to act as a depositary of Dutch-domiciled UCITS.

  • A self-managed scheme must appoint a Dutch management company that is authorized by the AFM to manage UCITS in accordance with article 4:58 of the Dutch Act on Financial Supervision (Wet op het financieel toezicht) as investment manager.


More Definitions of UCITS

UCITS means an Undertaking for Collective Investment in Transferable Securities established pursuant to EC Council Directive 2009/65/EC of 13 July 2009 as amended, consolidated or substituted from time to time.
UCITS means an Undertaking for Collective Investment in Transferable Securities under the UCITS Directive;
UCITS means an Undertaking for Collective Investment in Transferable Securities established pursuant to EC Council Directive 85/611/EEC of 20 December 1985 as amended, consolidated or substituted from time to time.
UCITS means an undertaking for collective investment in transferable securities established pursuant to the Regulations or, in the case of UCITS established in a Member State other than Ireland, the Directive;
UCITS means an undertaking for collective investment in transferable securities authorised in accordance with Article 5 of Directive 2009/65/EC.
UCITS means an Undertaking for Collective Investment in Transferable Securities.
UCITS means undertakings for collective investment in transferable securities.