Displaying 176 - 180 of 1476
ESMA_QA_2176
Topic
Costs and fees
08/05/2024
Subject Matter
Performance fees
Question
Can the manager of a Fund of Funds (FoF) charge performance fees?
Level 1 Regulation
Alternative Investment Fund Managers Directive (AIFMD) Directive 2011/61/EU
ESMA_QA_2175
Topic
Costs and fees
08/05/2024
Subject Matter
Performance fees
Question
Can the manager of a Fund of Funds (FoF) charge performance fees?
Level 1 Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
ESMA_QA_2174
Topic
Costs and fees
08/05/2024
Subject Matter
Performance fees
Question
Where a manager applies an additional reference indicator to the performance fee model (e.g.: a hurdle rate on top of the High-Water Mark model or the benchmark model), should the minimum performance reference period be applied to the additional reference indicator?
Level 1 Regulation
Alternative Investment Fund Managers Directive (AIFMD) Directive 2011/61/EU
ESMA_QA_2173
Topic
Costs and fees
08/05/2024
Subject Matter
Performance fees
Question
Where a manager applies an additional reference indicator to the performance fee model (e.g.: a hurdle rate on top of the High-Water Mark model or the benchmark model), should the minimum performance reference period be applied to the additional reference indicator?
Level 1 Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
ESMA_QA_2172
Topic
Client categorisation
07/05/2024
Subject Matter
Two classifications for one client
Question
Assuming that the investor disclosure requirements are predefined in legal documents and agreements, is it possible to select two client categories for a professional client (such as per se eligible counterparty and professional client)?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Investor Protection and Intermediaries