JANUARY 2018
Manual fr filling the A01 statement- Statistical data n freign UCITS marketed in Spain Department f Studies and Statistics 2
Manual fr filling the A01 statement- Statistical data n freign UCITS marketed in Spain Department f Studies and Statistics 1. INTRODUCTION The grwth f crss-brder marketing f cllective investment prducts has made it necessary t amend CNMV Circular 2/2011 in rder t have an verview f the marketing f freign UCITS in Spain and knw hw this segment f the market is develping. Fr this reasn, the A01 statistical statement has been mdified t include new quantitative and qualitative variables. Freign nn-harmnised CIS have als been included explicitly as entities that are bliged t send statistical infrmatin. This means that all freign CIS which market their prducts in Spain are bliged t send an A01 statistical statement. This manual has been published with the aim f clarifying the cntent f the statistical statement referred t in Circular 2/2017, s that entities will cmplete it in a standardised manner and ensure that it serves the purpse fr which it is intended. We remind that legislative references appearing in the manual may be superseded by new legislatin enacted after the publicatin f this manual. 3
Manual fr filling the A01 statement- Statistical data n freign UCITS marketed in Spain Department f Studies and Statistics 2. GENERAL COMPLETION INSTRUCTIONS 2.1. OBLIGATION TO SUBMIT INFORMATION All marketing entities f freign CIS, whether harmnised r nn-harmnised, are bliged t submit infrmatin, even if in during the quarter they have nt marketed any f the CIS fr which they are registered with the CNMV. Nn-harmnised CIS must identify the entity charged with representing the CIS befre the CNMV fr statistical purpses. This entity must reprt the registratins and de-registratins f entities marketing the CIS in Spain. Distributrs must submit a single.xml file cntaining the infrmatin crrespnding t all CIS they market. If the distributr has delegated the submissin f this infrmatin t an appinted persn, the latter will be respnsible fr sending the statistical statement. If mre than ne distributr delegate the submissin f the A01 statement t the same persn, the latter has t send ne.xml file fr each distributr. The prcedure fr the cmmunicatin f identifying the representative fr statistical purpses f nn-harmnised freign CIS is described in this link. The prcedure fr registering r deregistering a marketed CIS is described in this link. The prcedure fr identifying the delegated entity is described in this link. 2.2. INFORMATION CONTENT AND REQUIREMENTS The fields referring t the amunt marketed, net asset value, and marketing vlume must be cmpleted in eurs t tw decimal places. Fr CIS denminated in currencies ther than the eur, these fields must be translated int eurs using the spt exchange rate f the referenced date f the infrmatin. The spt exchange rate used will be the ne mst representative f the reference market n the date in questin r, failing that, the rate n the last business day befre that date. Representative exchange rate means the firm rate quted by the market participants at stck market clsing time in the gegraphic regin t which they belng, r when the UCITS are valued at a price which replicates an index and des nt apply clsing prices. In the fields referring t end f the previus quarter (17 and 36), the exchange rate t be used is that f the end f the previus quarter. The infrmatin cntained must: 4
Manual fr filling the A01 statement- Statistical data n freign UCITS marketed in Spain Department f Studies and Statistics - Be crrect: CIS must have infrmatin capable f explaining any events that may have ccurred and any missing infrmatin - Respect the technical requirements established (see Technical Standard) - Be balanced, bth internally and between cnsecutive quarters (see Technical Standard) - Cnfrm t the established definitins and classificatins. 2.3. FORM AND TIMING OF SUBMISSION The statements must be sent thrugh an electrnic medium, encrypted and digitally signed by the marketing entity r the appinted entity, in accrdance with the specificatins f the CIFRADOC electrnic infrmatin exchange system r by whatever system may replace it, as specified by the Technical Standard and with the established peridicity and with reference t the last day f the reference perid. 2. A01 STATEMENT. STATISTICAL DATA OF FOREIGN CIS MARKETED IN SPAIN In this statement a quarterly reprt is made, CIS by CIS, n the fllwing data: CIS Type (1): This field is nly t be cmpleted as FONDO/SICAV/FIA Registry N. (2): Number f FONDO/SICAV r FIA in the CNMV s administrative registers Fr each UCITS, the fllwing fields at CIS level: Name (3): Name f the CIS LEI (4): LEI cde f the CIS Cuntry (5): Cuntry f rigin f the CIS in accrdance with ISO standard 3166 In the case f AIF, if they d nt crrespnd t a CIS, these fields will refer t the umbrella vehicle. Fr each CIS, the fllwing fields at cmpartment level: Name (6): Name f the cmpartment LEI (7): LEI cde f the cmpartment Categry (8): Investment plicy. Pssible investment plicies are as fllws: - MF: MMF Funds - FF: Fixed Incme Funds - EQ: Equities Funds - HG: Hedge Funds - MX: Mixed Funds - RE: Real Estate Funds 5
Manual fr filling the A01 statement- Statistical data n freign UCITS marketed in Spain Department f Studies and Statistics - OT: Other Funds Fr each CIS, the fllwing fields f their management cmpany: Name (9): Name f the management cmpany LEI (10): LEI cde f the management cmpany Cuntry (11): Cuntry f rigin f the management cmpany in accrdance with ISO standard 3166 Self-managed CIS must reprt previus fields with their wn data. Fr each CIS, the fllwing fields f their depsitary: Name (12): Name f the depsitary LEI (13): LEI cde f the depsitary Cuntry (14): Cuntry f rigin f the depsitary in accrdance with ISO standard 3166 ISIN (16): ISIN cde. One rw must be filled in fr each ISIN marketed in Spain. NET ASSET VALUE: fr each ISIN f each CIS, the net asset value must be entered fr the fllwing dates: End f the previus quarter (17): Net asset value n the last day f the previus quarter End f quarter (18): Net asset value n the last day f the quarter COMMISSIONS: fr each ISIN f each CIS, the fllwing fees must be entered: Management cmmissins: - On assets managed (19): Actual percentage charged fr management cmmissin based n assets managed - On results (20): Actual percentage charged fr management cmmissin based n results - Mixed (21): Actual ttal percentage charged when the management cmmissin is being charged n the basis f results and assets managed. Depsitary cmmissin (22): Actual percentage charged fr depsitary cmmissin Subscriptin cmmissin (23): Actual percentage charged fr subscriptin cmmissin Redemptin cmmissin (24): Actual percentage charged fr redemptin cmmissin 6
Manual fr filling the A01 statement- Statistical data n freign UCITS marketed in Spain Department f Studies and Statistics NUMBER OF UNIT-HOLDERS/SHAREHOLDERS: Fr each ISIN f each CIS, the number f unit-hlders/sharehlders t which the securities have been marketed must be entered. These crrespnd t: End f the previus quarter (25): Number f unithlders/sharehlders crrespnding t the last day f each quarter. Incming (26): Number f new unit-hlders/sharehlders that have acquired participatins/shares f the ISIN in the quarter. Outging (27): Number f unit-hlders/sharehlders which have ceased t hld participatins/shares f the ISIN in the quarter. End f quarter: Number f unit-hlders/sharehlders crrespnding t the last day f each quarter, brken dwn as fllws: - Ttal (28): Number f natural r legal persns hlding participatins/shares f the ISIN n the last day f each quarter. - Natural persns (29): Number f natural persns hlding participatins/shares f the ISIN n the last day f each quarter. - Legal persns: Ttal (30): Number f legal persns hlding participatins/shares f the ISIN n the last day f each quarter. Other marketing entities (31): Of the ttal number f legal persns hlding participatins/shares f the ISIN n the last day f each quarter, thse that are at the same time distributrs f that ISIN. MARKETED AMOUNT: Fr each ISIN f each CIS, the amunt marketed must be entered, brken dwn as fllws: Subscriptins: sum f subscriptins in the quarter at the net asset value at which they were made, with the fllwing breakdwn: - Ttal (32): Sum f all subscriptins in the quarter, accunted fr at the net asset value f the day n which they were made. - Frm ther marketing entities (33): Of the ttal number f subscriptins, nly thse that were made t ther distributrs f the same ISIN. Redemptins: sum f the redemptins in the quarter at the net asset value at which they were carried ut, with the fllwing breakdwn: 7
Manual fr filling the A01 statement- Statistical data n freign UCITS marketed in Spain Department f Studies and Statistics - Ttal (34): Sum f all redemptins in the quarter, accunted fr at the net asset value f the day n which they were carried ut. - T ther marketing entities (35): Of the ttal number f redemptins, nly thse that were carried ut t ther distributrs f the same ISIN INVESTMENT VOLUME: Fr each ISIN f each CIS, the investment vlume must be entered accrding t the fllwing breakdwn: End f previus quarter (36): Assets that were marketed in Spain in the previus quarter, at the net asset value n the last day f each previus quarter. End f quarter: Assets marketed in Spain at the net asset value n the last day f each quarter, with the fllwing breakdwn: - Ttal (37): Ttal assets marketed in Spain f that ISIN accunted at net asset value n the last day f each quarter. - Natural persns (38): Amunt in eurs f the assets marketed in Spain f that ISIN accunted at net asset value n the last day f each quarter, whse participant/sharehlder is a natural persn. - Legal persns: Amunt in eurs f the assets marketed in Spain f that ISIN accunted at net asset value n the last day f each quarter, whse participant/sharehlder is a legal persn; differentiating between: Ttal (39): Amunt in eurs f the assets marketed in Spain f that ISIN accunted at net asset value n the last day f each quarter, whse participant/sharehlder is a legal persn. Other marketing entities (40): Of the ttal f the investment vlume with participants/sharehlders that are legal persns, nly thse made t ther distributrs f the same ISIN. OTHER QUALITATIVE DATA ETF (41): The nly pssible values fr this variable are S r N depending n whether r nt it is an ETF. SELF-MANAGED (42): The nly pssible values fr this variable are S r N depending n whether r nt it is self-managed. FUND OF FUNDS (43): The nly pssible values fr this variable are S r N depending n whether r nt it is a fund f funds. SUBORDINATED: If the CIS are subrdinated, the fllwing fields must be filled in: 8
Manual fr filling the A01 statement- Statistical data n freign UCITS marketed in Spain Department f Studies and Statistics - Subrdinated (44): The nly pssible values fr this variable are S r N accrding t whether r nt it is subrdinated. If this variable is cded S, the fllwing fields must als be filled in fr the principal CIS. - Principal CIS: CIS Type (45): If it is a Spanish r freign CIS marketed in Spain, the type f CIS appearing in CNMV registers. If the abve cnditin is nt met, this field must be left blank. CIS N. (46): If it is a Spanish r freign CIS marketed in Spain, the cde used in CNMV registers. If the abve cnditin is nt met, this field must be left blank. LEI (47): LEI cde f the principal CIS. This field must be filled in whenever a S is entered in clumn (44). Cuntry (48): Cuntry f rigin f the principal CIS. This field must be filled in whenever a S is entered in clumn (44). Categry (49): Investment plicy f the principal CIS. Investment plicies will be thse indicated in the field Categry (8). In the last recrd f the A01 statement, the ISIN (field (16)) will be cded ZZZZZZZZZZZZ (i.e. a Z in each f the twelve psitins) that will reflect the sum per clumn f the amunts entered in clumns (25) t (40). 9