ANNEX II
Determination of the maximum percentage referred to in Article 18(2), first subparagraph, point (d), of Regulation (EU) 2015/760 as a function of the redemption frequency and the minimum percentage of assets referred to in Article 9(1), point (b) of that Regulation
|
Redemption frequency |
Minimum percentage of assets referred to in Article 9(1), point (b) |
Maximum percentage referred to in Article 18(2), first subparagraph, point (d) |
|
12 months, and less frequent |
10 % |
100 % |
|
6 months |
15 % |
67 % |
|
3 months |
20 % |
50 % |
|
1 month or more frequent |
25 % |
20 %, applied on a monthly aggregate basis |