-Further to a initiative of the Fédération Européenne des Fonds et Sociétés d’Investissement (FEFSI), dating back to 1995, the new
UCITS Directive contains a provision that calls on fund managers to make more easily accessible the indispensable elements of information that allow investors to make an informed judgement prior to their investment decision.
In the interest of ensuring a uniform appearance of this simplified prospectus -also of great significance for the growth of a Single Market in investment funds- FEFSI has put toward three Models for specific fund types. The uniform presentation of total cost disclosure and historical performance will be of particular interest to investors.
FEFSI recommends the widespread use and regulatory endorsement of these models for the sake of informing better up-front all domestic and cross-border investors in Europe.
Link to prospectus proposals
© FEFSI
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