French Monetary and Financial CodeIn force
Paragraph 1: General-purpose investment funds.
Article D214-32-13
The minimum amount of assets that mutual funds must hold when they are set up is €300,000.
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Showing 4231–4240 of 56971 articles for “Art. 22-21.272 and 22-24.502”
The minimum amount of assets that mutual funds must hold when they are set up is €300,000.
…d in article L. 211-38, under the conditions defined in that same article, as well as receive joint and several guarantees or first demand guarantees. The general-purpose investment fund may only rece…
…nto account the current value of the underlying assets, the counterparty risk, future market trends and the time available to liquidate positions.For feeder general-purpose investment funds, this calc…
…or is made up of the subscription or acquisition price of the securities or rights in the portfolio and the book value of the other assets. The denominator is made up of the paid-up amount of subscrip…
…of II of Article L. 214-28 whose securities or rights are included in its assets; 2° May, notwithstanding article R. 214-56, sell equity or debt securities held for more than twelve months to an affi…
…well as any company with which the management company has corporate officers or directors in common and which performs investment management functions on behalf of the company, or management functions…
The AIF or its management company shall provide the AMF and the AIF's unitholders or shareholders with information relating to the financing of the acquisition of the company concerned.
…f Article D. 214-32-7-14:1° The term "distribution" includes in particular the payment of dividends and interest on shares;2° The provisions relating to capital reductions do not apply to a reduction…
…ounterparty is a credit institution mentioned in the second paragraph of II of article R. 214-32-28 and 5% in other cases. II. - As an exception to the 5% limit set in 1° of I, a general purpose inves…
When a general-purpose investment fund has acquired units or shares in a collective investment scheme governed by French law, a UCITS established under foreign law, an FIA established in another Membe…
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