In this module, delve into the key features of investment funds as defined by ISO 10962 standard. Discover fund types, attributes, pricing mechanisms, market players, financial instruments as investments, associated risks, and relevant documents. Our specialised speakers will share expertise based on MiFID I and II regulations, as well as ESMA criteria
Based on the ISO definition of an investment fund specifying that an investment fund is a collective investment scheme based on a diversified portfolio of assets that is managed by a professional fund manager, the content of module 6 focuses on:
o Legal Structures
o Open End vs. Closed End
o Incorporated vs. Unincorporated
· Fund Characteristics
o Complex (Alternative) Funds vs. Non-Complex (UCITS) Funds
o Suitability and Appropriateness
o Exchange-Traded Funds
o Hedge Funds
o Private Equity Funds
o Real Estate Funds
· Investment Funds as Investments
· Structure of Fund Markets
· Pricing of Investment Funds
o Fund Accounting
o Charges and Fees
· Evaluating Fund Performance
· Fund Documentation
· MiFID Update
o MiFID Since its Inception
o New ESG Framework
o Relief Package
o MiFID II/MiFIR Amendments
o Digital Finance
o After MiFID II, Comes MiFID III, Right?
· Key Messages
· Bibliography and References
The persons concerned by the Training Programme are all persons placed under the authority of a professional (or acting on his behalf) subject to prudential supervision by the CSSF, i.e. individuals providing investment advice (“Advisory profile”) or information (“Information profile”) on financial instruments, investment services or ancillary services to clients.
Experienced professional specialists selected on the basis of their in-depth knowledge of markets and financial products under MiFID rules I and II, and ESMA criteria.
Please note that for environmental reasons no paper version of the training material will be provided for your training. The course material can be downloaded free of charge via your portal before the start of the course (download the Client Portal User’s Guide here). You will be able to view it on the screen of your mobile device or print it if necessary. If your registration has been made by a training manager of your company please contact him/her so that he/she can give you access to it or send it to you.
This module is part of the MiFID II Certification. For more details about this Certification, please click here.