Subject Matter
ESMA’s guidelines on ETFs and other UCITS issues - UCITS ETF label
Question
In the case of umbrella UCITS, does the requirement to use the label “UCITS ETF” apply to both the umbrella level and the sub-fund level?
Level 1 Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC