ESMA_QA_708
28/03/2023
Subject Matter
UCITS risk spreading rules
Original question
Where a UCITS holds government bond futures (e.g. US 10 Year Treasury Futures), are there any diversification requirements applicable to the pool of bonds which are eligible for delivery under the futures?
Status: Question Published
Additional Information
Level 1 Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
Level 2 Regulation
UCITS - Directive 2010/43/EU on organisational requirements, conflicts of interest, conduct of business, risk management and content of the agreement between a depositary and a management company
Topic
UCITS global exposure