16 February 2023 | Policy | Position DOC-2006-18 … orders are centralised and the date on which the units or shares are settled (or delivered) by the custody account … which orders are centralised to the date on which units or shares (on subscription) are delivered or redemptions of the … period for subscription or redemption orders for units or shares of the retail investment fund or fund of alternative … |
16 February 2023 | Policy | Position - Recommendation DOC-2011-24 … the AMF General Regulation, the person marketing units or shares in UCITS or AIFs or units or shares in compartments of UCITS or AIFs whose articles or … A formula UCITS or AIF investing in indices or baskets of shares with a dividend waiver shall indicate that it does not … |
16 February 2023 | Policy | Position - Recommendation DOC-2011-05 … 25 1.3.5. Classes of units or shares … objective by offering several classes of units or shares which incur different management fees. For instance, … EONIA plus 2% and which proposes two classes of units or shares : - a unit or share I for which maximum management … |
16 February 2023 | Policy | Instruction - Position - Recommendation DOC-2019-12 … management of portfolios consisting of non-voting shares or equity securities of companies, or securities … company and the target. 3.3. Investment in preference shares Position When marketing material is presented to the … intending to perform third-party investment in preference shares shall include in said presentation the impact of that … |
12 February 2023 |
| Article 411-20 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 2 - General rules > Sub-section 1 - Subscription and redemption rules… of the Monetary and Financial Code, FCP units or SICAV shares are issued at the request of holders and at the net … cease, on a provisional or permanent basis, issuing shares or units pursuant to the third paragraph of Article L. … of subscriptions, such as reaching a maximum number of shares or units to be issued, a maximum asset threshold, or … |
12 February 2023 |
| Article 422-21 Book IV - Collective investment products > Title II - AIFS > Chapter II - Funds open to retail investors > Section 1 - Retail investment funds > Sub-section 2 - General rules > Paragraph 1 - Subscription and redemption rules… of the Monetary and Financial Code, FCP units or SICAV shares are issued at the request of the holders and at the … cease, on a provisional or permanent basis, issuing shares or units pursuant to the third paragraph of Article L. … of subscriptions, such as reaching a maximum number of shares or units to be issued, a maximum asset threshold, or … |
12 February 2023 |
| Article 411-123 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 6 - Investor information > Sub-section 5 - Net asset value… CIS are required to publish the net asset value of their shares or units in an appropriate manner at least twice a month. However, the net asset value of shares or units may be published on a monthly basis, provided … published, subscriptions and redemptions of CIS units or shares shall be carried out on the basis of this value, under … |
12 February 2023 |
| Article 422-81 Book IV - Collective investment products > Title II - AIFS > Chapter II - Funds open to retail investors > Section 1 - Retail investment funds > Sub-section 5 - Investor information > Paragraph 5 - Net asset value… shall, as appropriate, publish the net asset value of the shares or units they issue at least twice a month. The frequency of publication of the net asset value of shares or units issued may however be monthly, provided that … be possible to purchase and redeem retail investment fund shares or units on the basis of this value, pursuant to the … |
12 February 2023 |
| Article 422-186 Book IV - Collective investment products > Title II - AIFS > Chapter II - Funds open to retail investors > Section 3 - Real estate collective investment undertakings… and redeem real estate collective investment undertaking shares or units on the basis of this value, pursuant to the … and redeem real estate collective investment undertaking shares or units on the basis of this value, pursuant to the … |
12 February 2023 |
| Article 425-24 Book IV - Collective investment products > Title II - AIFS > Chapter V - Financing vehicles > Section 3 - Provisions specific to specialised finance vehicles… the specialised financing vehicle may provide that units, shares or debt securities are redeemed at the request of the holders of the units, shares or debt securities and at the net asset value, plus or … may temporarily or permanently cease to issue units, shares or debt securities, pursuant to the third paragraph of … |
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