CHAPTER IIU.K. SPECIFIC PROVISIONS ON THE KEY INFORMATION DOCUMENT

Article 11U.K.‘What is this product’ section in the generic key information document

In the section entitled ‘What is this product’ by way of derogation from paragraphs 2 and 3 of Article 2, PRIIP manufacturers shall specify the following:

(a)

a description of the types of underlying investment options, including the market segments or instrument types, as well as the main factors upon which return depends;

(b)

a statement indicating that the type of investors to whom the PRIIP is intended to be marketed varies on the basis of the underlying investment option;

(c)

an indication where the specific information on each underlying investment option is to be found.