contents table Lexparency.org lexp
On European long-term investment funds
Article 19

Article 19 — Secondary market

  1. The rules or instruments of incorporation of an ELTIF shall not prevent units or shares of the ELTIF from being admitted to trading on a regulated market or on a multilateral trading facility.
  2. The rules or instruments of incorporation of an ELTIF shall not prevent investors from freely transferring their units or shares to third parties other than the manager of the ELTIF.
  3. An ELTIF shall publish in its periodical reports the market value of its listed units or shares along with the net asset value per unit or share.
  4. In the event that there is a material change in the value of an asset, the manager of the ELTIF shall disclose this to investors in its periodical reports.