Investment Funds

UCITS and SICAVs Workshop

CPD Hours: 3.5

Aims

This half-day workshop provides a fast-track understanding of Collective Investment Schemes in the UK and Europe.

It explains the principles behind open-ended funds, regulations governing their marketing investment powers, documentation, pricing, buying and selling, and shareholder rights.

Wherever possible, real-life product examples will be used.

Objectives

At the end of the workshop, delegates will have a better understanding of:

• Open-ended Collective Investment Schemes
• The role of the administrator, manager and depositary of a UCITS
• The difference between a unit trust and OEIC
• Impact of UCITS III and the wider powers
• Impact of the FSA’s RDR
• UCITS IV – new opportunities for master/feeder funds

Who Should Attend?

• Client services and call centres
• Investment administration and operations
• IT and software developers
• Legal and compliance
• New entrants
• Risk management
• Sales and marketing

Content

• Types of UCITS funds
• Sub Fund Structure
• Investment and borrowing powers under UCITS III
• New Opportunities for UCITS Funds
• Fund distribution
• Fund documentation
• Business relationships
• Financial promotions
• Pricing open-ended funds
• Dealing in open-ended funds
• UCITS IV
• RDR and PRIPS