Does the overall requirement for the UCITS KIID to be ‘fair, clear and not misleading’ under Article 3(2) mean that performance disclosed in the KIID regarding a benchmark index should be consistent with performance disclosure in other investor communications, including marketing?

Where a UCITS refers to an index in its investment objectives and policy as a benchmark and will measure the performance against that index, but does not intend to track it, is it necessary to show the performance of the benchmark index in the past performance section of the KIID?

If a UCITS does not yet have performance data for one complete calendar year (and is not a UCITS which may provide simulated data for past performance), how should this position be disclosed in the KIID?

What is the meaning of indicating ‘the degree of freedom from the benchmark’ in Article 7(1)(d) of Commission Regulation (EU) No 583/2010?

What is the meaning of ‘whether this approach includes or implies a reference to a benchmark’ in Article 7(1)(d) of Commission Regulation (EU) No 583/2010?