natgillin/translations-raw huggingface dataset:
‘synthetic risk and reward indicators’ means synthetic indicators within the meaning of Article 8 of Commission Regulation (EU) No 583/2010 of 1 July 2010 implementing Directive 2009/65/EC of the European Parliament and of the Council as regards key investor information and conditions to be met when providing key investor information or the prospectus in a durable medium other than paper or by means of a website [4].
„sintetični kazalniki tveganj in donosov“ pomenijo sintetične kazalnike v smislu člena 8 Uredbe Komisije (EU) št. 583/2010 z dne 1. julija 2010 o izvajanju Direktive 2009/65/ES Evropskega parlamenta in Sveta v zvezi s ključnimi podatki za vlagatelje in pogoji, ki jih je treba izpolniti pri posredovanju ključnih podatkov za vlagatelje ali prospekta na trajnem nosilcu podatkov, ki ni papir, ali na spletni strani [4].
UCITS MERGERS
ZDRUŽITVE KNPVP
Content of the merger information
Vsebina podatkov o združitvah
General rules regarding the content of information to be provided to unit-holders
Splošna pravila glede vsebine podatkov, ki se zagotovijo imetnikom enot premoženja
Member States shall require that the information to be provided to unit-holders pursuant to Article 43(1) of Directive 2009/65/EC shall be written in a concise manner and in non-technical language that enables unit-holders to make an informed judgement of the impact of the proposed merger on their investment.
Države članice določijo, da morajo biti podatki, ki se zagotovijo imetnikom enot premoženja v skladu s členom 43(1) Direktive 2009/65/ES, napisani na kratko in v nestrokovnem jeziku, kar imetnikom enot premoženja omogoča informirano oceno vpliva predlagane združitve na njihovo naložbo.
In the case of a proposed cross-border merger, the merging UCITS and the receiving UCITS, respectively, shall explain in plain language any terms or procedures relating to the other UCITS which differ from those commonly used in the other Member State.
Če se predlaga čezmejna združitev, KNPVP, ki se združuje, in KNPVP prejemnik v preprostem jeziku pojasnita morebitne pogoje ali postopke v zvezi z drugimi KNPVP, ki se razlikujejo od tistih, ki se običajno uporabljajo v drugi državi članici.
The information to be provided to the unit-holders of the merging UCITS shall meet the needs of investors who have no prior knowledge of the features of the receiving UCITS or of the manner of its operation.
Podatki, ki jih je treba zagotoviti imetnikom enot premoženja KNPVP, ki se združuje, izpolnjujejo potrebe vlagateljev, ki niso bili predhodno seznanjeni z značilnostmi KNPVP prejemnika ali načinom njegovega delovanja.
It shall draw their attention to the key investor information of the receiving UCITS and emphasise the desirability of reading it.
Vključujejo zlasti ključne podatke za vlagatelje v zvezi s KNPVP prejemnikom in poudarjajo, da jih je zaželeno prebrati.
The information to be provided to the unit-holders of the receiving UCITS shall focus on the operation of the merger and its potential impact on the receiving UCITS.
Podatki, ki se bodo zagotovili imetnikom enot premoženja KNPVP prejemnika, se nanašajo zlasti na postopek združitve in njen morebitni vpliv na KNPVP prejemnika.
Specific rules regarding the content of information to be provided to unit-holders
Posebna pravila glede vsebine podatkov, ki se zagotovijo imetnikom enot premoženja
Member States shall require that the information to be provided in accordance with Article 43(3)(b) of Directive 2009/65/EC to the unit-holders of the merging UCITS shall also include:
Države članice določijo, da podatki, ki se v skladu s členom 43(3)(b) Direktive 2009/65/ES zagotovijo imetnikom enot premoženja KNPVP, ki se združuje, vključujejo tudi:
details of any differences in the rights of unit-holders of the merging UCITS before and after the proposed merger takes effect;
podrobnosti o morebitnih razlikah med pravicami imetnikov enot premoženja KNPVP, ki se združuje, pred začetkom veljavnosti predlagane združitve in po njem;
if the key investor information of the merging UCITS and the receiving UCITS show synthetic risk and reward indicators in different categories, or identify different material risks in the accompanying narrative, a comparison of those differences;
če ključni podatki za vlagatelje KNPVP, ki se združuje, in KNPVP prejemnika kažejo sintetične kazalnike tveganja in donosov v različnih kategorijah ali v spremljajočem opisu opredeljujejo različna bistvena tveganja, primerjavo teh razlik;
a comparison of all charges, fees and expenses for both UCITS, based on the amounts disclosed in their respective key investor information;
primerjavo vseh dajatev, pristojbin in stroškov za oba KNPVP na podlagi zneskov, razkritih v njunih ključnih podatkih za vlagatelje;
if the merging UCITS applies a performance-related fee, an explanation of how it will be applied up to the point at which the merger becomes effective;
če KNPVP, ki se združuje, uporablja pristojbino, vezano na uspešnost, pojasnilo, kako se bo uporabljala do začetka veljavnosti združitve;
if the receiving UCITS applies a performance-related fee, how it will subsequently be applied to ensure fair treatment of those unit-holders who previously held units in the merging UCITS;
če KNPVP prejemnik uporablja pristojbino, vezano na uspešnost, podatek, kako se bo pozneje uporabljala za zagotovitev poštenega obravnavanja tistih imetnikov enot premoženja, ki so imeli prej enote v KNPVP, ki se združuje;
in cases where Article 46 of Directive 2009/65/EC permits costs associated with the preparation and the completion of the merger to be charged to either the merging or the receiving UCITS or any of their unit-holders, details of how those costs are to be allocated;
v primerih, ko člen 46 Direktive 2009/65/ES dovoljuje stroške v zvezi s pripravo in dokončanjem združitve, ki se zaračunajo KNPVP, ki se združuje, ali KNPVP prejemniku ali kateremu koli od njunih imetnikov enot premoženja, podatke o tem, kako se bodo ti stroški razdelili;
an explanation of whether the management or investment company of the merging UCITS intends to undertake any rebalancing of the portfolio before the merger takes effect.
pojasnilo, ali namerava družba za upravljanje ali investicijska družba KNPVP, ki se združuje, pred začetkom veljavnosti združitve opraviti kakršno koli ponovno uravnoteženje portfelja.
Member States shall require that the information to be provided in accordance with Article 43(3)(b) of Directive 2009/65/EC to the unit-holders of the receiving UCITS shall also include an explanation of whether the management or investment company of the receiving UCITS expects the merger to have any material impact on the portfolio of the receiving UCITS, and whether it intends to undertake any rebalancing of the portfolio either before or after the merger takes effect.
Države članice določijo, da podatki, ki se v skladu s členom 43(3)(b) Direktive 2009/65/ES zagotovijo imetnikom enot premoženja KNPVP prejemnika, vključujejo tudi pojasnilo, ali družba za upravljanje ali investicijska družba KNPVP prejemnika pričakuje, da bo združitev bistveno vplivala na portfelj KNPVP prejemnika, in ali pred začetkom veljavnosti združitve ali po njem načrtuje izvedbo ponovnega uravnoteženja portfelja.
Member States shall require that the information to be provided in accordance with Article 43(3)(c) of Directive 2009/65/EC shall also include:
Države članice določijo, da podatki, ki jih je treba zagotoviti v skladu s členom 43(3)(c) Direktive 2009/65/ES, vključujejo tudi:
details of how any accrued income in the respective UCITS is to be treated;
podrobnosti o tem, kako je treba obravnavati morebitne natečene dohodke v posameznem KNPVP;
an indication of how the report of the independent auditor or the depositary referred to in Article 42(3) of Directive 2009/65/EC may be obtained.
navedbo, kako je mogoče pridobiti poročilo neodvisnega revizorja ali depozitarja iz člena 42(3) Direktive 2009/65/ES.
Member States shall require that if the terms of the proposed merger include provisions for a cash payment in accordance with points (p)(i) and (p)(ii) of Article 2(1) of Directive 2009/65/EC, the information to be provided to the unit-holders of the merging UCITS shall contain details of that proposed payment, including when and how unit-holders of the merging UCITS will receive the cash payment.
Države članice določijo, da če pogoji predlagane združitve vključujejo določbe o denarnem izplačilu v skladu s členom 2(1)(p)(i) in (p)(ii) Direktive 2009/65/ES, podatki, ki jih je treba zagotoviti imetnikom enot premoženja KNPVP, ki se združuje, vključujejo podrobnosti o tem predlaganem izplačilu, vključno s tem, kdaj in kako bodo imetniki enot premoženja KNPVP, ki se združuje, prejeli denarno izplačilo.
Member States shall require that the information to be provided in accordance with Article 43(3)(d) shall include:
Države članice določijo, da podatki, ki jih je treba zagotoviti v skladu s členom 43(3)(d), vključujejo:
where relevant under national law for the particular UCITS, the procedure by which unit-holders will be asked to approve the merger proposal, and what arrangements will be made to inform them of the outcome;
kadar je to na podlagi nacionalne zakonodaje za posamezni KNPVP ustrezno, postopek, v okviru katerega bodo imetniki enot premoženja pozvani, da odobrijo predlog združitve, in podatek o ukrepih, ki bodo sprejeti za njihovo obveščanje o rezultatu;
the details of any intended suspension of dealing in units to enable the merger to be carried out efficiently;
podatke o kakršni koli načrtovani začasni prekinitvi trgovanja z enotami, da se bo lahko združitev učinkovito izvedla;
when the merger will take effect in accordance with Article 47(1) of Directive 2009/65/EC.
navedbo začetka veljavnosti združitve v skladu s členom 47(1) Direktive 2009/65/ES.
Member States shall ensure that in cases where, under the national law for the particular UCITS, the merger proposal must be approved by unit-holders, the information may contain a recommendation by the respective management company or board of directors of the investment company as to the course of action.
Države članice zagotovijo, da lahko v primerih, ko morajo predlog združitve v skladu z nacionalno zakonodajo za posamezni KNPVP odobriti imetniki enot premoženja, podatki vključujejo priporočilo ustrezne družbe za upravljanje ali upravnega odbora investicijske družbe v zvezi s potekom postopka.
Member States shall require that the information to be provided to the unit-holders of the merging UCITS shall include:
Države članice določijo, da podatki, ki jih je treba zagotoviti imetnikom enot premoženja KNPVP, ki se združuje, vključujejo:
the period during which the unit-holders shall be able to continue making subscriptions and requesting redemptions of units in the merging UCITS;
obdobje, v katerem lahko imetniki enot premoženja še dajejo naročila za vpis in zahtevajo izplačilo enot v KNPVP, ki se združuje;
the time when those unit-holders not making use of their rights granted pursuant to Article 45(1) of Directive 2009/65/EC, within the relevant time limit, shall be able to exercise their rights as unit-holders of the receiving UCITS;
obdobje, ko bodo imetniki enot premoženja, ki ne uporabijo svojih pravic, dodeljenih na podlagi člena 45(1) Direktive 2009/65/ES, v ustreznem roku lahko uveljavili svoje pravice kot imetniki enot premoženja KNPVP prejemnika;
an explanation that in cases where the merger proposal must be approved by the unit-holders of the merging UCITS under national law and the proposal is approved by the necessary majority, those unit-holders who vote against the proposal or who do not vote at all, and who do not make use of their rights granted pursuant to Article 45(1) of Directive 2009/65/EC within the relevant time limit, shall become unit-holders of the receiving UCITS.
pojasnilo, da bodo v primerih, ko morajo v skladu z nacionalno zakonodajo predlog združitve odobriti imetniki enot premoženja KNPVP, ki se združuje, in predlog odobri potrebna večina, tisti imetniki enot premoženja, ki glasujejo proti predlogu ali se glasovanja vzdržijo in ki svojih pravic, dodeljenih na podlagi člena 45(1) Direktive 2009/65/ES, ne uveljavijo v ustreznem roku, postali imetniki enot premoženja KNPVP prejemnika.
If a summary of the key points of the merger proposal is provided at the beginning of the information document, it must cross-refer to the parts of the information document where further information is provided.
Če je na začetku informativnega dokumenta naveden povzetek ključnih točk predloga združitve, je treba vključiti navzkrižno sklicevanje na dele informativnega dokumenta, kjer so navedene dodatne informacije.
Member States shall ensure that an up-to-date version of the key investor information of the receiving UCITS shall be provided to existing unit-holders of the merging UCITS.
Države članice zagotovijo, da se obstoječim imetnikom enot premoženja KNPVP, ki se združuje, zagotovi najnovejša različica ključnih podatkov za vlagatelje KNPVP prejemnika.
The key investor information of the receiving UCITS shall be provided to existing unit-holders of the receiving UCITS where it has been amended for the purpose of the proposed merger.
Ključni podatki za vlagatelje KNPVP prejemnika se zagotovijo obstoječim imetnikom enot premoženja KNPVP prejemnika, kadar se spremenijo zaradi predlagane združitve.
New unit-holders
Novi imetniki enot premoženja
Between the date when the information document pursuant to Article 43(1) of Directive 2009/65/EC is provided to unit-holders and the date when the merger takes effect, the information document and the up-to-date key investor information of the receiving UCITS shall be provided to each person who purchases or subscribes units in either the merging or the receiving UCITS or asks to receive copies of the fund rules or instruments of incorporation, prospectus or key investor information of either UCITS.
Informativni dokument in najnovejši ključni podatki za vlagatelje KNPVP prejemnika se med datumom, ko se informativni dokument na podlagi člena 43(1) Direktive 2009/65/ES zagotovi imetnikom enot premoženja, in datumom, ko začne veljati združitev, zagotovijo vsaki osebi, ki kupi ali vplača enote v KNPVP, ki se združuje, ali KNPVP prejemniku ali pa zaprosi za izvod pravil upravljanja sklada ali ustanovnih listin, prospektov ali ključnih podatkov za vlagatelje enega od KNPVP.
Method of providing the information
Metoda zagotavljanja podatkov
Method of providing the information to unit-holders
Metoda zagotavljanja podatkov imetnikom enot premoženja
Member States shall ensure that the merging and the receiving UCITS provide the information pursuant to Article 43(1) of Directive 2009/65/EC to unit-holders on paper or in another durable medium.
Države članice zagotovijo, da KNPVP, ki se združuje, in KNPVP prejemnik imetnikom enot premoženja v skladu s členom 43(1) Direktive 2009/65/ES zagotovita podatke v papirni obliki ali na drugem trajnem nosilcu podatkov.
Where the information is to be provided to all or certain unit-holders using a durable medium other than paper, the following conditions shall be fulfilled:
Kadar se podatki vsem ali nekaterim imetnikom enot premoženja zagotovijo na trajnem nosilcu podatkov, ki ni papir, morajo biti izpolnjeni naslednji pogoji:
the provision of the information is appropriate to the context in which the business between the unit-holder and the merging or receiving UCITS or, where relevant, the respective management company is, or is to be, carried on;
zagotovitev podatkov ustreza okoliščinam, v katerih poteka ali bo potekalo poslovanje med imetnikom enot premoženja in KNPVP, ki se združuje, ali KNPVP prejemnikom oziroma, če je to ustrezno, zadevno družbo za upravljanje;
the unit-holder to whom the information is to be provided, when offered the choice between information on paper or in another durable medium, specifically chooses the durable medium other than paper.
imetnik enot premoženja, ki mu je treba zagotoviti podatke, se pri izbiri med podatki na papirju ali drugem trajnem nosilcu podatkov izrecno odloči za trajni nosilec podatkov, ki ni papir.
For the purposes of paragraphs 1 and 2, the provision of information by means of electronic communications shall be treated as appropriate to the context in which the business between the merging and receiving UCITS or their respective management companies and the unit-holder is, or is to be, carried on if there is evidence that the unit-holder has regular access to the Internet.
Za namene odstavkov 1 in 2 se zagotavljanje podatkov z elektronskimi komunikacijami šteje kot primerno za okoliščine, v katerih poteka ali bo potekalo poslovanje med KNPVP, ki se združuje, in KNPVP prejemnikom oziroma njunimi družbami za upravljanje ter imetnikom enot premoženja, če je mogoče dokazati, da ima imetnik enot premoženja reden dostop do interneta.
The provision by the unit-holder of an e-mail address for the purposes of the carrying on of that business shall be treated as such evidence.
Kot dokaz za to se šteje, da imetnik enot premoženja zagotovi e-poštni naslov za namene navedenega poslovanja.
MASTER-FEEDER STRUCTURES
CENTRALNO-NAPAJALNE STRUKTURE
Agreement and internal conduct of business rules between feeder UCITS and master UCITS
Dogovor in interna pravila poslovanja med napajalnim in centralnim KNPVP
Content of the agreement between master UCITS and feeder UCITS
Vsebina dogovora med centralnim in napajalnim KNPVP
Member States shall require that the agreement between the master UCITS and the feeder UCITS referred to in the first subparagraph of Article 60(1) of Directive 2009/65/EC includes the following with regard to access to information:
Države članice določijo, da sporazum med centralnim in napajalnim KNPVP iz prvega pododstavka člena 60(1) Direktive 2009/65/ES v zvezi z dostopom do podatkov vključuje:
how and when the master UCITS provides the feeder UCITS with a copy of its fund rules or instruments of incorporation, prospectus and key investor information or any amendment thereof;
kako in kdaj centralni KNPVP zagotovi napajalnemu KNPVP izvod svojih pravil upravljanja sklada ali ustanovnih listin, prospektov in ključnih podatkov za vlagatelje oziroma njihove morebitne spremembe;
how and when the master UCITS informs the feeder UCITS of a delegation of investment management and risk management functions to third parties in accordance with Article 13 of Directive 2009/65/EC;
kako in kdaj centralni KNPVP obvesti napajalni KNPVP o prenosu funkcij upravljanja naložb in obvladovanja tveganj na tretje osebe v skladu s členom 13 Direktive 2009/65/ES;
where applicable, how and when the master UCITS provides the feeder UCITS with internal operational documents, such as its risk management process and its compliance reports;
če je to ustrezno, kako in kdaj centralni KNPVP predloži napajalnemu KNPVP notranje operativne dokumente, kot so poročila o postopku obvladovanja tveganj in skladnosti;
what details of breaches by the master UCITS of the law, the fund rules or instruments of incorporation and the agreement between the master UCITS and the feeder UCITS the master UCITS shall notify the feeder UCITS of and the manner and timing thereof;
katere podatke o kršitvah zakonodaje, pravil upravljanja sklada ali ustanovnih listin ter dogovora med centralnim in napajalnim KNPVP, ki jih stori centralni KNPVP, ta sporoči napajalnemu KNPVP ter način in rok za to sporočilo;
where the feeder UCITS uses financial derivative instruments for hedging purposes, how and when the master UCITS will provide the feeder UCITS with information about its actual exposure to financial derivative instruments to enable the feeder UCITS to calculate its own global exposure as envisaged by point (a) of the second subparagraph of Article 58(2) of Directive 2009/65/EC;
kadar napajalni KNPVP uporablja izvedene finančne instrumente za varovanje pred tveganji, kako in kdaj centralni KNPVP zagotovi napajalnemu KNPVP podatke o svoji dejanski izpostavljenosti do izvedenih finančnih instrumentov, da lahko napajalni KNPVP izračuna svojo celotno izpostavljenost, kot je predvideno v točki (a) drugega pododstavka člena 58(2) Direktive 2009/65/ES;
a statement that the master UCITS informs the feeder UCITS of any other information-sharing arrangements entered into with third parties and where applicable, how and when the master UCITS makes those other information-sharing arrangements available to the feeder UCITS.
izjavo, da centralni KNPVP obvesti napajalni KNPVP o vseh drugih dogovorih o izmenjavi podatkov, ki jih sklene s tretjimi osebami, ter, če je to ustrezno, kako in kdaj centralni KNPVP te druge dogovore o izmenjavi podatkov da na voljo napajalnemu KNPVP.
Basis of investment and divestment by the feeder UCITS
Podlaga za naložbe in odprodajo napajalnega KNPVP
Member States shall require that the agreement between the master UCITS and the feeder UCITS referred to in the first subparagraph of Article 60(1) of Directive 2009/65/EC includes the following with regard to the basis of investment and divestment by the feeder UCITS:
Države članice določijo, da dogovor med centralnim in napajalnim KNPVP iz prvega pododstavka člena 60(1) Direktive 2009/65/ES v zvezi s podlago za naložbe in odprodajo napajalnega KNPVP vključuje:
a statement of which share classes of the master UCITS are available for investment by the feeder UCITS;
izjavo, kateri razredi delnic centralnega KNPVP so na voljo za naložbe napajalnega KNPVP;
the charges and expenses to be borne by the feeder UCITS, and details of any rebate or retrocession of charges or expenses by the master UCITS;
pristojbine in izdatke, ki jih krije napajalni KNPVP, ter podrobnosti o morebitnih znižanjih ali retrocesiji pristojbin ali izdatkov s strani centralnega KNPVP;
if applicable, the terms on which any initial or subsequent transfer of assets in kind may be made from the feeder UCITS to the master UCITS.
če je to ustrezno, pogoje, v skladu s katerimi se lahko opravi morebitni začetni ali poznejši prenos sredstev v naravi iz napajalnega KNPVP v centralni KNPVP.
Standard dealing arrangements
Standardna ureditev trgovanja
Member States shall require that the agreement between the master UCITS and the feeder UCITS referred to in the first subparagraph of Article 60(1) of Directive 2009/65/EC includes the following with regard to standard dealing arrangements:
Države članice določijo, da dogovor med centralnim in napajalnim KNPVP iz prvega pododstavka člena 60(1) Direktive 2009/65/ES v zvezi s standardno ureditvijo trgovanja vključuje:
coordination of the frequency and timing of the net asset value calculation process and the publication of prices of units;
uskladitev, kako pogosto in kdaj se izračuna čista vrednost sredstev ter objavijo cene enot;
coordination of transmission of dealing orders by the feeder UCITS, including, where applicable, the role of transfer agents or any other third party;
uskladitev prenosa naročil za trgovanje s strani napajalnih KNPVP, vključno z vlogo oseb, pristojnih za prenos, ali katere koli druge tretje osebe, če je to ustrezno;
where applicable, any arrangements necessary to take account of the fact that either or both UCITS are listed or traded on a secondary market;
če je to ustrezno, kakršne koli dogovore, ki so potrebni za upoštevanje dejstva, da en ali oba KNPVP kotirata na sekundarnem trgu ali se z njima na takem trgu trguje;
where necessary, other appropriate measures to ensure compliance with the requirements of Article 60(2) of Directive 2009/65/EC;
če je to potrebno, druge primerne ukrepe za zagotovitev skladnosti z zahtevami iz člena 60(2) Direktive 2009/65/ES;
where the units of the feeder UCITS and the master UCITS are denominated in different currencies, the basis for conversion of dealing orders;
kadar so enote napajalnega in centralnega KNPVP denominirane v različnih valutah, podlago za pretvorbo naročil za trgovanje;