(p)

REGULATION (EU) 2017/1129 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (Text with EEA relevance) · European Union

‘collective investment undertaking other than the closed-end type’ means unit trusts and investment companies with both of the following characteristics: they raise capital from a number of investors, with a view to investing it in accordance with a defined investment policy for the benefit of those investors; their units are, at the holder’s request, repurchased or redeemed, directly or indirectly, out of their assets;

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.