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Book IV - Collective investment products
Title I - Undertakings for Collective Investment in Transferable Securities (UCITS)
Chapter unique - Undertakings for collective investment in transferable securities (UCITS)
Section 7 - marketing of CIS in france
Sub-section 1 - General rules
Article 411-129-1 from 21/12/2013

Article 411-129-1 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/411-129-1/20131221/notes

Rebates of management fees received for investments made on behalf of a UCITS in units or shares of a French or foreign collective investment or a third country investment fund shall be paid into the UCITS:

  1. Either through a direct payment to the UCITS;

  2. Or by means of a deduction from the management fee charged by the management company.