Paragraph 61 of the guidelines recommends that financial indices in which UCITS invest should be subject to independent valuation. Does this mean that UCITS should not invest in financial indices for which the valuation is performed by the index provider itself?

Should underlying financial indices composing financial indices in which UCITS invest comply with the guidelines on financial indices?

Are financial indices of indices permitted?

Paragraph 54 of the guidelines prohibits investment in financial indices which rebalance on an intra-day or daily basis but notes that technical adjustments made to financial indices (such as leveraged indices) according to publicly available criteria should not be considered as rebalancing in the context of the guidelines. What is meant by “technical adjustments”?

According to the guidelines, index components’ weightings should be published after each re-balancing on a retrospective basis. What is the timetable for such publication?