UCITS management company definition

UCITS management company means a management company as defined in Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS)1;

UCITS management company means a management company as defined in point (b) of Article 2(1) of Directive 2009/65/EC of the European Parliament and of the Council (1);

UCITS management company means a management company as defined in point

Examples of UCITS management company in a sentence

• When a UCITS invests in the units of other CIS that are managed, directly or by delegation, by the UCITS management company or by any other company with which the UCITS management company is linked by common management or control, or by a substantial direct or indirect holding, that management company or other company may not charge subscription, conversion or redemption fees on account of the UCITS investment in the units of such other CIS.

• The management company is thus licensed as an external UCITS management company and as an external AIF management company under the German Capital Investment Code.

• Where a Fund invests in the units of other CIS that are managed directly or by delegation by a UCITS management company or by any other company with which that management company is linked by common management or control, or by a substantial direct or indirect holding, that management company or other company may not charge subscription, conversion or redemption fees on account of the Company’s investment in the shares of the other CIS.

• Its main business activity is to provide collective portfolio management services to the Fund and other funds and perform the functions of a UCITS management company in accordance with the 2010 Law.

• Question 1b: Similarly, should there be an obligation to prepare a KIID for a UCITS that is in liquidation?Answer 1b: When a UCITS is in liquidation there can be no obligation to prepare a KIID as the liquidator may have assumed many of the powers of the UCITS management company.

More Definitions of UCITS management company

UCITS management company means a management company as defined in Council Directive 85/611/EEC of 20 December 1985, on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (1);

UCITS management company means a management company within the meaning of Article 2(1)(b) of Directive 2009/65/EC or an investment company authorised pursuant to Article 27 of that Directive provided that it has not designated a management company pursuant to that Directive;

UCITS management company means a management company as defined in Article 2(1)(b) of Directive 2009/65/EC or an investment company referred to in Article 1(2) thereof;

UCITS management company means a management company as defined in Article 2(1)(b) of Directive 2009/65/EC.

UCITS management company means an IFM authorised to manage UCITS

UCITS management company means a management company as defined in Directive 85/611/EEC;

UCITS management company means a management company as defined in Article 2(1)(b) of Directive 2009/65/EC or an investment company authorised in accordance with Directive 2009/65/EC which has not designated a management company authorised under that Directive for its management;