Subject Matter
Investment strategy
Question
Do the requirements of Articles 16(4) and 17(1) of the ELTIF Regulation only apply to closed-ended ELTIFs?
If not, how may an open-ended ELTIF, as referred to in Article 18(2) of the ELTIF Regulation, reconcile its obligation to comply with the portfolio composition/diversification requirements, set out in Article 13 of the ELTIF Regulation, with the borrowing limits of the ELTIF Regulation, referred to in Article 16(1) of the ELTIF Regulation, if the suspension referred to in Article 17(1) point c) is to apply at each subscription/redemption?