French Monetary and Financial CodeIn force
Sub-paragraph 2: Operating rules.
Article D214-32-13
The minimum amount of assets that mutual funds must hold when they are set up is €300,000.
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Showing 7421–7430 of 63520 articles for “Art. IV and V”
The minimum amount of assets that mutual funds must hold when they are set up is €300,000.
I. - A general purpose investment fund may not grant loans or act as guarantor on behalf of third parties. It may, however, acquire financial instruments referred to in article L. 214-24-55 which are…
The general-purpose investment fund ensures that its overall risk relating to financial contracts does not exceed the total net value of its portfolio.The overall risk is calculated taking into accoun…
…or is made up of the subscription or acquisition price of the securities or rights in the portfolio and the book value of the other assets. The denominator is made up of the paid-up amount of subscrip…
…n those of its unitholders on the date of its entry into the pre-liquidation period in order to reinvest in units, shares, redeemable bonds, convertible bonds or profit-sharing securities, as well as…
…ts set by this section, nor may it sell or acquire equity or debt securities held for more than twelve months to an affiliated undertaking for the same assets. Any undertaking controlled exclusively o…
The AIF or its management company shall provide the AMF and the AIF's unitholders or shareholders with information relating to the financing of the acquisition of the company concerned.
…urposes of Article D. 214-32-7-14:1° The term "distribution" includes in particular the payment of dividends and interest on shares;2° The provisions relating to capital reductions do not apply to a r…
I. - A general purpose investment fund may not invest more than : 1° 5% of its assets in eligible financial securities or money market instruments issued by the same issuer ; 2° 20% of its assets in e…
When a general-purpose investment fund has acquired units or shares in a collective investment scheme governed by French law, a UCITS established under foreign law, an FIA established in another Membe…
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