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05 August 2009

CESR addendum to consultation on KI for UCITS – computation of synthetic risk


CESR published an addendum to its consultation on the format and content of Key Information Document Disclosures for UCITS as published on 8 July.

CESR published an addendum to its consultation on the format and content of Key Information Document Disclosures for UCITS as published on 8 July.

 

In its consultation paper CESR proposed the use of a synthetic indicator as the preferred option for funds’ risk and reward disclosure. This addendum complements the consultation paper by including an explanation of CESR’s proposals on the following items:

 

1) the definition of upper and lower bounds for the volatility intervals ('buckets').

2) the detailed explanation of the risk classification process for structured funds.

 

Stakeholders are advised to take into account the information contained in this addendum, together with the consultation paper, when providing their views on the synthetic risk and reward indicator.

 

Deadline for comments is 10 September 2009.

 

Document

CESR consultation of 8 July

 



© CESR - Committee of European Securities Regulators

Documents associated with this article

CESR addendum to consultation on KI for UCITS – computation of synthetic risk.pdf


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