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Article 14 - Specific information on each underlying investment option

Comparing 14/07/2022 → 01/01/2023: 3 added, 2 removed, 3 changed Close comparison

1. In relation to theThe specific information on each underlying investment option, referred to in ArticlesArticle 11,10, 12point and(b), 13,shall be provided in a specific information document supplementing the generic key information document. PRIIP manufacturers shall include for each underlying investment option — all of the following:

(a)a comprehension alert, where relevant;

(d)a presentation of the costs in accordance with Article 5.

2.By way of derogation from paragraph 1, PRIIP manufacturers may use the key investor information document drawn up in accordance with Articles 78 to 81 of Directive 2009/65/EC to provide specific information for the purposes of Articles 11 to 13 of this Delegated Regulation where at least one of the underlying investment option referred to in paragraph 1 is a UCITS or non-UCITS fund referred to in Article 32 of Regulation (EU) No 1286/2014.

(b)the investment objectives, the means for achieving them, and the intended target market as referred to in accordanceArticle with paragraphs 22(2) and 3 of Article 2;(3);

(c)a summary risk indicator and narrative, and performance scenariosscenarios, as referred to in accordance with Article 3;

(d)a presentation of the costs, in accordance with Article 5, including a statement on whether or not those costs include all of the costs of the PRIIP in the case that the retail investor invests in that specific investment option only;

(e)for underlying investment options that are UCITS as defined in point 1(a) of Annex VIII, AIFs as defined in point 1(b) of that Annex, or unit-linked insurance-based investment products as defined in point 1(c) of that Annex, information about past performance as required by Article 8(3).

The information referred to in points (a) to (e) of this paragraph shall follow the structure of the relevant parts of the template laid down in Annex I.

Official text · consolidated version 01/01/2023 (in force) Open full page ↗
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