UCITS IV EN
From UCITS I to UCITS IV
UCITS = U ndertakings for C ollective I nvestment in T ransferable S ecurities > Also called coordinated funds > Investment funds established and autorised in conformity with the requirements of directive 85/611/CEE (the UCITS directive)
UCITS IV Council Directive n o 2009/…/EC under implementation
UCITS III Council Directives n o 2001/107/EC & 2001/108/EC of 21/01/2002 Broadening of investment possibilities and of investment funds eligible for the product passport
UCITS I Council Directive n o 85/611/EEC of 20/12/1985
UCITS II Council Directive never implemented
UCITS V
Principles for European harmonisation in terms of investment funds, Product passport
Management company passport, improving the single market efficiency
Depository passport?
Possible impact of the AIFM Directive
5 > UCITS IV•01/10/09
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