Chapter II, Section II, Article 8, Paragraph 3., Point (c) · PRIIPs

Contents

(c)under a section titled ‘What is this product?’, the nature and main features of the PRIIP, including:

(i)the type of the PRIIP;

(ii)its objectives and the means for achieving them, in particular whether the objectives are achieved by means of direct or indirect exposure to the underlying investment assets, including a description of the underlying instruments or reference values, including a specification of the markets the PRIIP invests in, including, where applicable, specific environmental or social objectives targeted by the product, as well as how the return is determined;

(iii)a description of the type of retail investor to whom the PRIIP is intended to be marketed, in particular in terms of the ability to bear investment loss and the investment horizon;

(iv)where the PRIIP offers insurance benefits, details of those insurance benefits, including the circumstances that would trigger them;

(v)the term of the PRIIP, if known;