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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
11/02/2016 2016/209 ToR CEMA Reference PDF
128.84 KB
06/11/2017 ESMA50-165-422 The impact of charges on mutual fund returns- correction , , Reference PDF
590.09 KB

ERRATUM - In the original version of this document published on 19 October 2017 in table V.3 on page 4, the values in the last four rows of column five were accidentally misreported. For this reason, ESMA now provides a corrected version, including the corrected values and a footnote pointing to the initial mistake.

ESMA carried out a first analysis on fund performance measures, developing initial metrics to analyse the impact of ongoing fees, one-off charges and inflation on the returns of mutual funds. Key preliminary results for the EU fund industry show: Substantial reduction in net returns available to investors, especially in the retail sector and weakly cost- or price-sensitive investment decisions by retail investors

On average ongoing fees and one-off charges and inflation-reduced returns available to investors by 29% of gross returns between 2013 and 2015. These reductions apply to all market segments, while varying across jurisdictions, asset classes and client types. Relative return reductions range from 11% for passive equity fund shares to 44% for retail fund shares in bond mutual funds. Relative and absolute return reductions for actively managed and retail fund shares tend to exceed those of passively managed and institutional fund shares. Despite the impact of fees and charges on the net outcome to investors, these do not seem to be reflected in investor choices.

10/12/2018 ESMA33-128-585 STS Reporting Instructions Reference PDF
456.26 KB
13/08/2019 ESMA33-128-761 STS notifications cancelled as from 01/01/2019 Regulation 2402/2017 Reference XLSX
59.55 KB
30/09/2016 2016/1409 SFTR Tables , Reference XLSX
45.84 KB
03/11/2020 ESMA33-128-760 Securitisations designated as STS as from 01/01/2019 Regulation 2402/2017 Reference XLSX
103.54 KB
19/08/2020 esma65-8-6469 securitisation_disclosure_templates_xml_schema_1.2.0 Reference ZIP
8.18 MB
19/08/2020 esma65-8-6469 securitisation_disclosure_templates_xml_schema_1.1.0 Reference ZIP
8.04 MB
15/09/2020 ESMA65-8-6469 Securitisation Disclosure Templates Reporting Instructions-Dec 2019 Reference PDF
839.83 KB
19/08/2020 ESMA65-8-6469 Securitisation Disclosure Templates Reporting Instructions Reference PDF
1.01 MB
01/02/2019 ESMA33-128-474 Annex 9 Securitisation ANNEX9_UNDERLYING_EXPOSURES–ESOTERIC Reference XLSX
22.62 KB
01/02/2019 ESMA33-128-474 Annex 8 Securitisation ANNEX8_UNDERLYING_EXPOSURES–LEASING Reference XLSX
22.83 KB
01/02/2019 ESMA33-128-474 Annex 7 Securitisation ANNEX7_UNDERLYING_EXPOSURES–CREDIT_CARDS Reference XLSX
17.89 KB
01/02/2019 ESMA33-128-474 Annex 6 Securitisation ANNEX6_UNDERLYING_EXPOSURES–CONSUMER Reference XLSX
21.28 KB
01/02/2019 ESMA33-128-474 Annex 5 Securitisation ANNEX5_UNDERLYING_EXPOSURES–AUTOMOBILE Reference XLSX
22.68 KB
01/02/2019 ESMA33-128-474 Annex 4 Securitisation ANNEX4_UNDERLYING_EXPOSURES–CORPORATE Reference XLSX
27.85 KB
01/02/2019 ESMA33-128-474 Annex 3 Securitisation ANNEX3_UNDERLYING_EXPOSURES–COMMERCIAL_REAL_ESTATE Reference XLSX
42.87 KB
01/02/2019 ESMA33-128-474 Annex 2 Securitisation ANNEX2_UNDERLYING_EXPOSURES–RESIDENTIAL_REAL_ESTATE Reference XLSX
27.03 KB
01/02/2019 ESMA33-128-474 Annex 15 Securitisation ANNEX15_INSIDE_INFORMATION-ABCP_SECURITISATION Reference XLSX
21.28 KB
01/02/2019 ESMA33-128-474 Annex 14 Securitisation ANNEX14_INSIDE_INFORMATION-NON-ABCP_SECURITISATION Reference XLSX
32.36 KB

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