On 30 January 2017, ESMA issued an opinion (the “Opinion”) which discusses the extent to which different types of units or shares (“Share Classes”) of the same UCITS (or its sub-fund) can differ from one another as a result of differing approaches amongst the EU countries.

We have produced a glance card which summarises the four key principles discussed in the Opinion. Please click below to access it.

Screen Shot 2017-03-23 at 13.30.33