FCA sets out temporary measures to address investment trust cost disclosure concerns
The FCA will allow investment trusts and any funds invested in these vehicles to provide a breakdown of costs.
Source: investmentweek.co.uk
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Further call for Priips changes to performance measurement
Further call for Priips changes to performance measurement Mar 30, 2021 By Funds Europe Fund providers are urging policymakers to require them to provide past performance information in investor documents rather than future scenarios. The measure is the latest move in the ongoing argument of how performance data should be presented in ‘key investors documents’ – or ‘KIDs’ -under the ‘Pripps’ rules. Future performance scenarios have been controversially written into proposals and diverge from the standard equivalent documents – known as ‘KIIDs’ - under Ucits regulation, w...
Source: funds-europe.com