In the section entitled ‘What is this product’ by way of derogation from paragraphs 2 and 3 of Article 2, PRIIP manufacturers shall specify the following:
(a)
a description of the types of underlying investment options, including the market segments or instrument types, as well as the main factors upon which return depends;
(b)
a statement indicating that the type of investors to whom the PRIIP is intended to be marketed varies on the basis of the underlying investment option;