Knowledge Base

← Collective Investment / Third-Party Asset Management

Questions

What is the total exposure limit on a single entity, including subsidiaries, for a UCITS?

10%
20%
30%
40%

What is the maximum leverage ratio for open-ended AIFs under the AIFMD II directive?

150%
175%
200%
250%

What is the maximum exposure limit for a single borrower if that borrower is an AIF, a UCITS, or a financial institution under the AIFMD II directive?

10%
20%
30%
40%

Under the '5/10/40' rule for UCITS, what is the maximum investment limit in securities from a single issuer if the sum of positions exceeding 5% does not exceed 40% of total fund assets?

5%
10%
20%
35%

The control ratio prohibits holding more than 25% of the units of a single CIS.

True
False

Securities issued by an EU member state may represent up to 100% of the net assets of a UCITS if the portfolio holds at least six different issues, none of which exceeds 30% of assets.

True
False

Categorize items by dragging them to the appropriate zones

Items to categorize:

Securities from a single issuer (UCITS)
Exposure to AIFs
Sovereign securities (EU)
Deposits with a single institution
Categories:

5% limit (or 10% under conditions)

30% limit

35% limit (or 100% under conditions)

20% limit

Grace period for new funds

Click to see answer