natgillin/translations-raw huggingface dataset:
This Regulation specifies the common format for the presentation and explanation of charges, including relevant warnings, so that investors are appropriately informed about the charges they will have to incur and their proportion to the amount of capital actually invested into the fund.
Ta uredba določa skupno obliko za predstavitev in razlago stroškov, vključno z ustreznimi opozorili, da bi bili vlagatelji ustrezno obveščeni o stroških, ki jih utegnejo imeti, in njihovem deležu v znesku kapitala, ki je dejansko vložen v sklad.
In applying these rules, account should be taken of the work on the methodology for the calculation of charges figures as developed by competent authorities working within the Committee of European Securities Regulators.
Pri uporabi teh pravil je treba upoštevati delo na metodologiji za izračun stroškov, ki so jo razvili pristojni organi, ki delujejo v okviru Odbora evropskih regulatorjev trgov vrednostnih papirjev.
The detailed rules on the presentation of information about past performance are based on the requirements for such information in the Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments amending Council Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealing Council Directive 93/22/EEC [3].
Podrobna pravila o predstavitvi pretekle uspešnosti temeljijo na zahtevah za te podatke, ki so določene v Direktivi 2004/39/ES Evropskega parlamenta in Sveta z dne 21. aprila 2004 o trgih finančnih instrumentov in o spremembah direktiv Sveta 85/611/EGS, 93/6/EGS in Direktive 2000/12/ES Evropskega parlamenta in Sveta ter o razveljavitvi Direktive Sveta 93/22/EGS [3].
This Regulation supplements the rules of Directive 2004/39/EC by including specific requirements necessary for harmonising the information for the purpose of facilitating comparisons between different key investor information documents.
Ta Uredba dopolnjuje pravila Direktive 2004/39/ES, tako da vključuje posebne zahteve, potrebne za usklajevanje podatkov za namen lažje primerjave dokumentov s ključnimi podatki za vlagatelje.
In particular, this Regulation prescribes that only net annual returns shall be shown, through a bar chart format.
Ta uredba zlasti določa, da se v obliki paličnega stolpčnega grafa pokaže samo neto letni donos.
Certain aspects of the presentation of the bar chart should be regulated, including the limited circumstances in which simulated data might be used.
Urediti je treba nekatere vidike predstavitve v obliki paličnega stolpčnega grafa, vključno z omejenim številom primerov, v katerih se lahko uporabijo simulirani podatki.
It should be recognised that cross-referring to information might be useful to the investor but it is essential that the key investor information document should contain all information necessary for the investor to understand the essential elements of the UCITS.
Treba je priznati, da bi navzkrižno sklicevanje na podatke lahko koristilo vlagatelju, vendar je pomembno, da dokument s ključnimi podatki za vlagatelje vsebuje vse podatke, ki jih potrebuje vlagatelj, da bi razumel temeljne elemente KNPVP.
If cross-references to sources of information other than the prospectus and periodic reports are used, it should be made clear that the prospectus and periodic reports are the primary sources of additional information for investors, and the cross-references should not downplay their significance.
Če se uporablja sklicevanje na druge vire podatkov, razen prospekta in rednih poročil, je treba pojasniti, da so prospekt in redna poročila prednostni vir dodatnih podatkov za vlagatelje in da sklicevanje ne sme zmanjšati njihovega pomena.
The key investor information document should be reviewed and revised as appropriate and as frequently as is necessary to ensure that it continues to meet the requirements for key investor information specified in Articles 78(2) and 79(1) of Directive 2009/65/EC.
Dokument s ključnimi podatki za vlagatelje je treba po potrebi pregledati in spremeniti kolikokrat je to potrebno, da se zagotovi, da bo še naprej izpolnjeval zahteve za ključne podatke za vlagatelje, ki so določene v členih 78(2) in 79(1) Direktive 2009/65/ES.
As a matter of good practice, management companies should review the key investor information document before entering into any initiative that is likely to result in a significant number of new investors acquiring units in the fund.
Zaradi dobre prakse morajo družbe za upravljanje pregledati dokument s ključnimi podatki za vlagatelje še pred izdajo kakršne koli pobude, ki bi najverjetneje povzročila, da bi enote premoženja sklada kupilo veliko število novih vlagateljev.
The form or content of key investor information may need to be adjusted to specific cases.
Možno je, da bo obliko ali vsebino ključnih podatkov za vlagatelje treba prilagoditi posebnim primerom.
Consequently, this Regulation tailors the general rules applicable to all UCITS so as to take into account the specific situation of certain types of UCITS, namely those having different investment compartments or share classes, those with fund of funds structures, those with master-feeder structures, and those that are structured, such as capital protected or comparable UCITS.
Zato ta uredba prilagaja splošna pravila, ki veljajo za KNPVP, da bi se upoštevale posebne okoliščine nekaterih vrst KNPVP, in sicer tistih z različnimi naložbenimi razdelki ali razredi delnic, tistih s strukturami sklada skladov, tistih s strukturo centralnih in napajalnih KNPVP in strukturiranih KNPVP, kot so kapitalsko zaščiteni ali primerljivi KNPVP.
With regard to UCITS having different share classes, there should be no obligation to produce a separate key investor information document for every such share class, so long as investors’ interests are not compromised.
Kar zadeva KNPVP z različnimi razredi delnic, izdelava posebnega dokumenta s ključnimi podatki za vlagatelje za vsak takšen razred delnic ne bi smela biti obvezna, dokler interesi vlagateljev niso ogroženi.
The details of two or more classes may be combined into a single key investor information document only where this can be done without making the document too complicated or crowded.
Podrobnosti dveh ali več razredov se lahko združijo v en sam dokument s ključnimi podatki za vlagatelje samo, če pri tem dokument ni preveč zapleten ali prenapolnjen.
Alternatively, a representative class may be selected, but only in cases where there is sufficient similarity between the classes such that information about the representative class is fair, clear and not misleading as regards the represented class.
Namesto tega je mogoče izbrati reprezentativen razred, vendar samo v primerih, ko so si razredi med seboj dovolj podobni, da so podatki o reprezentativnem razredu pošteni, jasni in nezavajajoči glede na predstavljeni razred.
In determining whether the use of a representative class is fair, clear and not misleading, regard should be had to the characteristics of the UCITS, the nature of the differences represented by each class, and the range of choices on offer to each investor or group of investors.
Pri ugotavljanju, ali je uporaba reprezentančnega razreda poštena, jasna in nezavajajoča, je treba upoštevati značilnosti KNPVP, naravo razlik, ki jih predstavlja vsak razred, ter niz možnih ponudb za vsakega vlagatelja ali skupino vlagateljev.
In the case of a fund of funds, the right balance is kept between the information on the UCITS that the investor invests in and its underlying collectives.
V primeru sklada skladov se ohranja ustrezno ravnovesje med podatki o KNPVP, v katerega vlaga vlagatelj, in njegovih temeljnih kolektivnih naložbenih podjemih.
The key investor information document of a fund of funds should therefore be prepared on the basis that the investor does not wish or need to be informed in detail about the individual features of each of the underlying collectives, which in any case are likely to vary from time to time if the UCITS is being actively managed.
Dokument sklada skladov s ključnimi podatki za vlagatelje je zato treba pripraviti tako, da vlagatelj ne bo želel ali potreboval podrobnih podatkov o posameznih lastnostih vsakega izmed temeljnih kolektivnih naložbenih podjemov, za katere je v vsakem primeru verjetno, da se bodo občasno razlikovali, če bo KNPVP aktivno upravljan.
However, in order for the key investor information document to deliver effective disclosure of the fund of funds’ objective and investment policy, risk factors, and charging structure, the characteristics of its underlying funds should be transparent.
A da bi dokument s ključnimi podatki za vlagatelje učinkovito razkril cilje in naložbeno politiko sklada skladov, njegove dejavnike tveganja in strukturo stroškov, morajo biti značilnosti njegovih temeljnih skladov pregledne.
In the case of master-feeder structures, the description of the feeder UCITS’ risk and reward profile should not be materially different to that of the corresponding section in the master UCITS’ key investor information document so that the feeder can copy information from the key investor information document of the master wherever it is relevant.
V primeru centralno-napajalnih struktur, se opis tveganja in donosa naložbe napajalnega KNPVP ne bi smel bistveno razlikovati od opisa v ustreznem oddelku dokumenta s ključnimi podatki za vlagatelje o centralnem KNPVP, da bi lahko napajalni sklad kopiral podatke iz dokumenta s ključnimi podatki za vlagatelje o centralnem skladu, kadar koli je to ustrezno.
However, this information should be supplemented by relevant statements or duly adjusted in those cases where ancillary assets held by the feeder might modify the risk profile compared to the master, addressing the risks inherent in these ancillary assets, for instance where derivatives are used.
Te podatke pa je treba dopolniti z ustreznimi navedbami ali ustrezno prilagoditi v tistih primerih, ko bi dodatna sredstva, ki jih ima napajalni sklad, lahko spremenila profil tveganj v primerjavi s centralnim skladom, da bi se obravnavala tveganja, značilna za ta dodatna sredstva, na primer kadar se uporabljajo izvedeni finančni instrumenti.
The combined costs of investing in the feeder and the master should be disclosed to investors in the feeder.
Vlagatelje v napajalni sklad je treba seznaniti s skupnimi stroški naložb v napajalni in centralni sklad.
With regard to structured UCITS, such as capital protected and other comparable UCITS, the provision of prospective performance scenarios in place of past performance information is required.
Kar zadeva strukturirane KNPVP, kot so kapitalsko zaščiteni in drugi primerljivi KNPVP, se namesto podatkov o pretekli uspešnosti zahtevajo poslovni načrti za prihodnost.
Prospective performance scenarios involve calculating the expected return of the fund under favourable, adverse, or neutral hypotheses regarding market conditions.
Ti poslovni načrti vključujejo izračun pričakovanega donosa sklada na podlagi ugodnih, neugodnih ali nevtralnih hipotez o tržnih pogojih.
These scenarios should be chosen so as to effectively illustrate the full range of possible outcomes according to the formula.
Izbrani morajo biti tako, da bodo učinkovito prikazovali cel niz možnih rezultatov v skladu z enačbo.
Where the key investor information and the prospectus are to be provided in a durable medium other than paper or by means of a website, additional safety measures are necessary for investor protection reasons, so as to ensure that investors receive information in a form relevant to their needs, and so as to maintain the integrity of the information provided, prevent alterations that undermine its comprehensibility and effectiveness, and avoid manipulation or modification by unauthorised persons.
Kadar je ključne podatke za vlagatelje in prospekt treba posredovati na trajnem nosilcu podatkov, ki ni papir, ali na spletni strani, so za namen zaščite vlagatelja potrebni dodatni varnostni ukrepi, da bi se zagotovilo, da bodo vlagatelji prejeli podatke v obliki, ki ustreza njihovim potrebam, in da bi se ohranila celovitost predloženih podatkov, preprečile spremembe, ki zmanjšujejo njihovo razumljivost in učinkovitost, ter onemogočile manipulacije ali spremembe s strani nepooblaščenih oseb.
This Regulation contains a reference to rules on durable medium laid down in the Commission Directive 2006/73/EC of 10 August 2006 implementing Directive 2004/39/EC of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive [4] in order to ensure the equal treatment of investors and a level playing field in financial sectors.
Ta uredba se sklicuje na pravila o trajnem nosilcu podatkov, ki so določena v Direktivi Komisije 2006/73/ES z dne 10. avgusta 2006 o izvajanju Direktive 2004/39/ES Evropskega parlamenta in Sveta v zvezi z organizacijskimi zahtevami in pogoji poslovanja za investicijske družbe ter opredeljenimi izrazi za namene navedene Direktive [4], da bi se zagotovilo enako obravnavanje vlagateljev in enaki konkurenčni pogoji v finančnih sektorjih.
In order to allow management companies and investment companies to adapt to the new requirements contained in this Regulation in an efficient and effective manner, the starting date of application of this Regulation should be aligned with the transposition of Directive 2009/65/EC.
Da bi se družbam za upravljanje in investicijskim družbam omogočilo, da se učinkovito in uspešno prilagodijo novim zahtevam iz te uredbe, je treba datum začetka uporabe te uredbe uskladiti s prenosom Direktive 2009/65/ES.
The Committee of European Securities Regulators, established by Commission Decision 2009/77/EC [5], has been consulted for technical advice.
Strokovno svetovanje je prispeval Odbor evropskih regulatorjev trgov vrednostnih papirjev, ki je bil ustanovljen s Sklepom Komisije 2009/77/ES [5].
SUBJECT MATTER AND GENERAL PRINCIPLES
PREDMET IN SPLOŠNA NAČELA
This Regulation lays down the detailed rules for the implementation of Articles 75(2), 78(2) to (5) and 81(1) of Directive 2009/65/EC.
Ta uredba določa podrobna pravila o izvajanju členov 75(2), 78(2) do (5) in 81(1) Direktive 2009/65/ES.
Requirements laid down in this Regulation shall apply to any management company with regard to each UCITS it manages.
Zahteve, določene v tej uredbi, se uporabljajo za katero koli družbo za upravljanje v zvezi z vsakim KNPVP, ki ga upravlja.
This Regulation shall apply to any investment company which has not designated a management company authorised pursuant to Directive 2009/65/EC.
Ta uredba se uporablja za vsako investicijsko družbo, ki nima pooblaščene družbe za upravljanje, ki ji je bilo izdano dovoljenje v skladu z Direktivo 2009/65/ES.
Principles regarding the key investor information document
Načela v zvezi z dokumentom s ključnimi podatki za vlagatelje
This Regulation specifies in an exhaustive manner the form and content of the document containing key investor information (hereinafter referred to as key investor information document).
Ta uredba na izčrpen način določa obliko in vsebino dokumenta, ki vsebuje ključne podatke za vlagatelje (v nadaljnjem besedilu: dokument s ključnimi podatki za vlagatelje).
No other information or statements shall be included except where this Regulation states otherwise.
Razen če ni v uredbi določeno drugače, se ne vključijo nobeni drugi podatki ali navedbe.
The key investor information shall be fair, clear and not misleading.
Ključni podatki za vlagatelje morajo biti pošteni, jasni in nezavajajoči.
The key investor information document shall be provided in such a way as to ensure that investors are able to distinguish it from other material.
Dokument s ključnimi podatki za vlagatelje se posreduje na način, ki zagotavlja, da ga vlagatelji lahko ločijo od drugega gradiva.
In particular, it shall not be presented or delivered in a way that is likely to lead investors to consider it less important than other information about the UCITS and its risks and benefits.
Predvsem se ga ne sme predstaviti ali predložiti na način, zaradi katerega bi lahko vlagatelji menili, da je manj pomemben od drugih podatkov o KNPVP in njegovih tveganjih ali ugodnostih.
FORM AND PRESENTATION OF KEY INVESTOR INFORMATION
OBLIKA IN PREDSTAVITEV KLJUČNIH PODATKOV ZA VLAGATELJE
Title of document, order of contents and headings of sections
Naslov dokumenta, vrstni red vsebine in naslovi oddelkov
Title and content of document
Naslov in vsebina dokumenta
The content of the key investor information document shall be presented in the order as set out in paragraphs 2 to 13.
Vsebina dokumenta s ključnimi podatki za vlagatelje se predstavi v vrstnem redu, določenem v odstavkih 2 do 13.
The title ‘Key investor information’ shall appear prominently at the top of the first page of the key investor information document.
Naslov „Ključni podatki za vlagatelje“ se nahaja na vidnem mestu na vrhu prve strani dokumenta s ključnimi podatki za vlagatelje.
An explanatory statement shall appear directly underneath the title.
Tik pod naslovom se nahaja obrazložitev.
It shall read:
Ta se glasi:
‘This document provides you with key investor information about this fund.
„Ta dokument vsebuje ključne podatke za vlagatelje o tem skladu.
It is not marketing material.
To ni tržno gradivo.
The information is required by law to help you understand the nature and the risks of investing in this fund.
Podatki so predpisani z zakonom, da bi vam pomagali razumeti naravo in tveganja naložb v ta sklad.
You are advised to read it so you can make an informed decision about whether to invest’.
Svetujemo vam, da jih preberete, da bi lahko na podlagi informacij sprejeli odločitev o morebitnem vlaganju.“
The identification of the UCITS, including the share class or investment compartment thereof, shall be stated prominently.
Jasno mora biti navedena opredelitev KNPVP, vključno z njegovim razredom delnic ali naložbenim razdelkom.
In the case of an investment compartment or share class, the name of the UCITS shall follow the compartment or share class name.
Kadar se navede naložbeni razdelek ali razred delnic, mora nazivu razdelka ali razreda delnic slediti naziv KNPVP.
Where a code number identifying the UCITS, investment compartment or share class exists, it shall form part of the identification of the UCITS.
Kadar je KNPVP, naložbeni razdelek ali razred delnic označen s številčno oznako, mora slednja biti vključena v opredelitev KNPVP.
The name of the management company shall be stated.
Navede se ime družbe za upravljanje.
In addition, in cases where the management company forms part of a group of companies for legal, administrative or marketing purposes, the name of that group may be stated.
Poleg tega kadar je družba za upravljanje del skupine družb, se za pravne, upravne ali tržne namene navede naziv skupine.
Corporate branding may be included provided it does not hinder an investor in understanding the key elements of the investment or diminish his ability to compare investment products.
Vključi se lahko blagovna znamka družbe, če to ne ovira vlagatelja pri razumevanju ključnih elementov naložbe ali ne zmanjša njegove zmožnosti primerjave investicijskih proizvodov.
The section of the key investor information document entitled ‘Objectives and investment policy’ shall contain the information set out in Section 1 of Chapter III of this Regulation.
Oddelek dokumenta s ključnimi podatki za vlagatelje z naslovom „Cilji in naložbena politika“ vsebuje podatke, ki so določeni v oddelku 1 Poglavja III te uredbe.
The section of the key investor information document entitled ‘Risk and reward profile’ shall contain the information set out in Section 2 of Chapter III of this Regulation.
Oddelek dokumenta s ključnimi podatki za vlagatelje z naslovom „Tveganje in donos naložbe“ vsebuje podatke, ki so določeni v oddelku 2 Poglavja III te uredbe.
The section of the key investor information document entitled ‘Charges’ shall contain the information set out in Section 3 of Chapter III of this Regulation.
Oddelek dokumenta s ključnimi podatki za vlagatelje z naslovom „Stroški“ vsebuje podatke, ki so določeni v oddelku 3 Poglavja III te uredbe.
The section of the key investor information document entitled ‘Past performance’ shall contain the information set out in Section 4 of Chapter III of this Regulation.
Oddelek dokumenta s ključnimi podatki za vlagatelje z naslovom „Pretekla uspešnost“ vsebuje podatke, ki so določeni v oddelku 4 Poglavja III te uredbe.
The section of the key investor information document entitled ‘Practical information’ shall contain the information set out in Section 5 of Chapter III of this Regulation.
Oddelek dokumenta s ključnimi podatki za vlagatelje z naslovom „Uporabne informacije“ vsebuje informacije, ki so določene v oddelku 5 Poglavja III te uredbe.
Authorisation details shall consist of the following statement:
Podrobnosti o izdaji dovoljenj se podajo z naslednjo navedbo:
‘This fund is authorised in [name of Member State] and regulated by [identity of competent authority]’.
„Skladu se izda dovoljenje v [ime države članice], upravlja pa ga [naziv pristojnega organa]“.
In cases where the UCITS is managed by a management company exercising rights under Article 16 of Directive 2009/65/EC, an additional statement shall be included:
Kadar KNPVP upravlja družba za upravljanje, ki uveljavlja pravice iz člena 16 Direktive 2009/65/ES, se doda naslednja navedba:
‘[Name of management company] is authorised in [name of Member State] and regulated by [identity of competent authority]’.
„[Naziv družbe za upravljanje] se izda dovoljenje v [ime države članice], upravlja pa ga/jo [naziv pristojnega organa]“.
Information on publication shall consist of the following statement:
Podatki o objavi se podajo z naslednjo navedbo:
‘This key investor information is accurate as at [the date of publication]’.
„Ti ključni podatki za vlagatelje odražajo stanje na dan [datum objave]“.
Language, length and presentation
Jezik, dolžina in predstavitev
Presentation and language
Predstavitev in jezik
A key investor information document shall be:
Dokument s ključnimi podatki za vlagatelje:
presented and laid out in a way that is easy to read, using characters of readable size;
se predstavi in oblikuje v lahko čitljivi obliki z znaki primerne velikosti za branje;
clearly expressed and written in language that communicates in a way that facilitates the investor's understanding of the information being communicated, in particular where:
je jasen in napisan v jeziku, ki svojo vsebino sporoča na način, ki vlagatelju omogoča lažje razumevanje predstavljenih podatkov, predvsem če:
the language used is clear, succinct and comprehensible;
je uporabljen jezik jasen, jedrnat in razumljiv;
the use of jargon is avoided;
se izogiba uporabi žargona;
technical terms are avoided when everyday words can be used instead;
se izogiba uporabi strokovnih izrazov, kadar je namesto njih mogoče uporabiti vsakdanje besede;
focused on the key information that investors need.
je osredotočen na ključne podatke, ki jih vlagatelji potrebujejo.
Where colours are used, they shall not diminish the comprehensibility of the information in the event that the key investor information document is printed or photocopied in black and white.
Če se v dokumentu s ključnimi podatki za vlagatelje, ki je natisnjen ali fotokopiran v črno beli tehniki, uporabijo barve, te ne smejo zmanjšati razumljivosti podatkov.
Where the design of the corporate branding of the management company or the group to which it belongs is used, it shall not distract the investor or obscure the text.
Če se uporabi vzorec blagovne znamke družbe za upravljanje ali skupine, ki ji ta družba pripada, ta ne sme motiti vlagatelja ali zmanjšati razločnosti besedila.
The key investor information document shall not exceed two pages of A4-sized paper when printed.
Dokument s ključnimi podatki za vlagatelje v natisnjeni obliki ne sme biti daljši od dveh strani formata A4.
CONTENT OF SECTIONS OF THE KEY INVESTOR INFORMATION DOCUMENT
VSEBINA ODDELKOV DOKUMENTA S KLJUČNIMI PODATKI ZA VLAGATELJE
Objectives and investment policy
Cilji in naložbena politika
Specific contents of the description
Posebna vsebina opisa