ESMA_QA_1103
11/07/2013
Subject Matter
ESMA’s guidelines on ETFs and other UCITS issues - Information to be inserted in the prospectus
Original question
Can the prospectus of an index-tracking UCITS mention both replication methodologies (physical and synthetic replication)?
ESMA Answer
11-07-2013
Original language
[ESMA 34-43-392 UCITS Q&A, section 3, Q&A 1a]
Yes. If the UCITS intends to use both replication methodologies either at the same time or alternatively, this should be reflected in the prospectus.
Status: Answer Published
Additional Information
Level 1 Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
Topic
ETFs