Knowledge Base

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Questions

Which European directive governs UCITS?

Directive 2011/61/EU
Directive 2009/65/EC
Directive 2004/39/EC
Directive 2014/65/EU

What is the maximum timeframe for cross-border marketing of a UCITS after notification?

One month
Ten business days
Three months
Fifteen business days

What is the main advantage of AIFs in terms of eligible assets compared to UCITS?

Access to more liquid assets
Flexibility in asset selection
Shorter redemption periods
Automatic European passport

What is a limitation of UCITS in terms of eligible assets?

Ability to invest in real estate
10% limit for unlisted assets
Unlimited access to commodities
No restrictions on derivative instruments

UCITS guarantee a right of redemption at any time calculated based on the net asset value.

True
False

UCITS diversification rule

Click to see answer

Categorize items by dragging them to the appropriate zones

Items to categorize:

Daily liquidity
National flexibility
Investment in illiquid assets
European standardization
Categories:

UCITS

AIFs

AIFs can be marketed to the general public in all member states without restriction.

True
False