Article 422-90 into force since
- Version into force since
Any management fee reversals payable in respect of investments made on behalf of the retail investment fund in shares or units of collective investments governed by French or foreign law or third country investment funds shall be assigned to the fund:
Either by direct payment into the retail investment fund;
Or by being deducted from the management fee charge levied by the asset management company.
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02