UCITS
FundApps' UCITS monitoring service automatically screens client positions to identify any holdings that may breach UCITS investment restrictions and diversification rules (such as the 5/10/40 rule, eligible assets, or concentration limits). Currently supporting UCITS rules for Ireland.
Rule CoverageAutomated post-trade monitoring aligned with the UCITS Directive (2009/65/EC) and its implementing measures, including UCITS V (2014/91/EU) and the associated Commission Delegated Regulations. Coverage spans the principal investment restriction and risk management obligations applicable across UCITS jurisdictions, including:
- Eligible assets — transferable securities, money market instruments, units in collective investment schemes, deposits, and financial derivative instruments, in line with the Eligible Assets Directive (2007/16/EC).
- Issuer concentration limits — including the 5/10/40 rule and related issuer concentration thresholds for transferable securities and money market instruments.
- Diversification requirements — index-tracking UCITS limits and aggregate concentration caps.
- Counterparty exposure limits — OTC derivative and efficient portfolio management counterparty exposure ceilings.
- OTC derivative rules — valuation, counterparty, and collateral requirements for OTC financial derivative instruments.
- Global exposure calculations — Commitment Approach, Absolute VaR, and Relative VaR methodologies, in line with ESMA guidelines (CESR/10-788).
- Borrowing constraints — temporary borrowing limits and related restrictions.
While the currently supported rule set is for Ireland, the monitoring framework is designed to support UCITS funds across any EU/EEA jurisdiction.
UCITS Ireland