ESMA_QA_951
01/02/2023
Subject Matter
Issuer concentration
Original question
Does the 40% limit set out in Article 52(2) of the UCITS Directive apply to index-tracking UCITS that are subject to Article 53 of the UCITS Directive?
ESMA Answer
01-02-2023
Original language
[ESMA 34-43-392 UCITS Q&A, Section 1, 5a]
No. The 40% limit set out in Article 52(2) does not apply to index-tracking UCITS that comply with the requirements set out in Article 53.
Status: Answer Published
Additional Information
Level 1 Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
Topic
Disclosures