# Commission Delegated Regulation (EU) No 231/2013 of 19 December 2012 supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to exemptions, general operating conditions, depositaries, leverage, transparency and supervision (Text with EEA relevance), Division Reporting Templates: AIF: (Articles 3(3)(d) and 24 of Directive 2011/61/EU)

Extent: E+W+S+N.I.

AIF-specific information to be provided
(Articles 3(3)(d) and 24(1) of Directive 2011/61/EU)
Data Type
Reported Data
Identification of the AIF
1
AIF name
EU AIF: yes/no
2
Fund manager
(Legal name and standard code, where available)
EU AIFM: yes/no
3
Fund identification codes,
as applicable
4
Inception date of the AIF
5
Domicile of the AIF
6
Identification of prime broker(s) of the AIF
(Legal name and standard code, where available)
7
Base currency of the AIF according to ISO 4217 and assets under management calculated as set out in Article 2
Currency
Total AuM
8
Jurisdictions of the three main funding sources (excluding units or shares of the AIF bought by investors)
9
Predominant AIF type(select one)
Hedge Fund
Private Equity Fund
Real Estate Fund
Fund of Funds
Other
None
10
Breakdown of investment strategies
(Provide a breakdown of the investment strategies of the AIF depending on the predominant AIF type selected in question 1. See guidance notes for further information on how to complete this question.)
Indicate the strategy that best describe the AIF’s strategy
Share in NAV
(%)
a)Hedge Fund Strategies(Complete this question if you selected ‘Hedge Fund’ as the predominant AIF type in question 1.)
Indicate the hedge fund strategies that best describe the AIFs strategies
Equity: Long Bias
Equity: Long/Short
Equity: Market Neutral
Equity: Short Bias
Relative Value: Fixed Income Arbitrage
Relative Value: Convertible Bond Arbitrage
Relative Value: Volatility Arbitrage
Event Driven: Distressed/Restructuring
Event Driven: Risk Arbitrage/Merger Arbitrage
Event Driven: Equity Special Situations
Credit Long/Short
Credit Asset Based Lending
Macro
Managed Futures/CTA: Fundamental
Managed Futures/CTA: Quantitative
Multi-strategy hedge fund
Other hedge fund strategy
b)Private Equity Strategies(Complete this question if you selected ‘Private Equity’ as the predominant AIF type in question 1.)
Indicate the private equity strategies that best describe the AIFs strategies
Venture Capital
Growth Capital
Mezzanine Capital
Multi-strategy private equity fund
Other private equity fund strategy
c)Real Estate Strategies(Complete this question if you selected ‘Real Estate’ as the predominant AIF type in question 1.)
Indicate the real estate strategies that best describe the AIFs strategies
Residential real estate
Commercial real estate
Industrial real estate
Multi-strategy real estate fund
Other real estate strategy
d)Fund of Fund Strategies(Complete this question if you selected ‘Fund of Funds’ as the predominant AIF type in question 1.)
Indicate the ‘fund of fund’ strategy that best describe the AIFs strategies
Fund of hedge funds
Fund of private equity
Other fund of funds
e)Other Strategies(Complete this question if you selected ‘Other’ as the predominant AIF type in question 1.)
Indicate the ‘other’ strategy that best describe the AIFs’ strategies
Commodity fund
Equity fund
Fixed income fund
Infrastructure fund
Other fund
Principal exposures and most important concentration
11
Main instruments in which the AIF is trading
Type of instrument/instrument code
Value (as calculated under Article 3 AIFMD)
Long/short position
Most important instrument
2nd most important instrument
3rd most important instrument
4th most important instrument
5th most important instrument
12
Geographical focus
Provide a geographical breakdown of the investments held by the AIF by percentage of the total net asset value of the AIF
% of NAV
Africa
Asia and Pacific (other than Middle East)
Europe (EEA)
Europe (other than EEA)
Middle East
North America
South America
Supranational/multiple region
13
10 principal exposures of the AIF at the reporting date (most valuable in absolute terms):
Type of asset/liability
Name/description of the asset/liability
Value (as calculated under Article 3)
% of gross market value
Long/short position
Counterparty (where relevant)
1st
2nd
3rd
4th
5th
6th
7th
8th
9th
10th
14
5 most important portfolio concentrations:
Type of asset/liability
Name/description of the market
Value of aggregate exposure (as calculated under Article 3)
% of gross market value
Long/short position
Counterparty (where relevant)
1st
2nd
3rd
4th
5th
15
Typical deal/position size
(Complete this question if you selected as your predominant AIF type ‘private equity fund’ in question 1)
[Select one]
Very small
Small
Lower mid market
Upper mid market
Large cap
Mega cap
16
Principal markets in which AIF trades
Please enter name and identifier (e.g. MIC code) where available, of market with greatest exposure
Please enter name and identifier (e.g. MIC code) where available, of market with second greatest exposure
Please enter name and identifier (e.g. MIC code) where available, of market with third greatest exposure
17
Investor Concentration
Specify the approximate percentage of the AIF’s equity that is beneficially owned by the five beneficial owners that have the largest equity interest in the AIF (as a percentage of outstanding units/shares of the AIF; look-through to the beneficial owners where known or possible)
Breakdown of investor concentration by status of investors (estimate if no precise information available):
%
Professional clients (as defined in Directive 2004/39/EC (MiFID):
Retail investors:
Monetary values should be reported in the base currency of the AIF.
AIF-specific information to be provided to the FCA
(Article 24(2) of Directive 2011/61/EU)
Data Type
Reported Data
Identification of the AIF
1
AIF name
EU AIF: yes/no
2
Fund manager
EU AIFM: yes/no
1
AIF name
2
Fund manager
3
Fund identification codes, as applicable
4
Inception date of the AIF
5
Base currency of the AIF according to ISO 4217 and assets under management calculated as set out in Article 2
Currency
Total AuM
6
Identification of prime broker(s) of the AIF
7
Jurisdictions of the three main funding sources
Instruments Traded and Individual Exposures
8
Individual Exposures in which it is trading and the main categories of assets in which the AIF invested as at the reporting date:
a)
Securities
Long Value
Short Value
Cash and cash equivalents
Of which are:
Certificates of deposit
Commercial papers
Other deposits
Other cash and cash equivalents (excluding government securities)
Listed equities
Of which are:
Issued by financial institutions
Other listed equity
Unlisted equities
Corporate bonds not issued by financial institutions
Of which are:
Investment grade
Non-investment grade
Corporate bonds issued by financial institutions
Of which are:
Investment grade
Non-investment grade
Sovereign bonds
Of which are:
EU bonds with a 0-1 year term to maturity
EU bonds with a 1 + year term to maturity
Non-G10 bonds with a 0-1 year term to maturity
Non-G10 bonds with a 1 + year term to maturity
Convertible bonds not issued by financial institutions
Of which are:
Investment grade
Non-investment grade
Convertible bonds issued by financial institutions
Of which are:
Investment grade
Non-investment grade
Loans
Of which are:
Leveraged loans
Other loans
Structured/securitised products
Of which are:
ABS
RMBS
CMBS
Agency MBS
ABCP
CDO/CLO
Structured certificates
ETP
Other
b)
Derivatives
Long Value
Short Value
Equity derivatives
Of which are:
Related to financial institutions
Other equity derivatives
Fixed income derivatives
CDS
Of which are:
Single name financial CDS
Single name sovereign CDS
Single name other CDS
Index CDS
Exotic (incl. credit default tranche)
Gross Value
Foreign exchange (for investment purposes)
Interest rate derivatives
Long Value
Short Value
Commodity derivatives
Of which are:
Energy
Of which:
—
Crude oil
—
Natural gas
—
Power
Precious metals
Of which: Gold
Other commodities
Of which:
—
Industrial metals
—
Livestock
—
Agricultural products
Other derivatives
c)
Physical (Real/Tangible) Assets
Long Value
Physical: Real estate
Of which are:
Residential real estate
Commercial real estate
Physical: Commodities
Physical: Timber
Physical: Art and collectables
Physical: Transportation assets
Physical: Other
d)
Collective Investment Undertakings
Long Value
Investments in CIU operated/managed by the AIFM
Of which are:
Money Market Funds and Cash management CIU
ETF
Other CIU
Investments in CIU not operated/managed by the AIFM
Of which are:
Money Market Funds and Cash management CIU
ETF
Other CIU
e)
Investments in other asset classes
Long Value
Short Value
Total Other
9
Value of turnover in each asset class over the reporting months
a)
Securities
Market Value
Cash and cash equivalents
Listed equities
Unlisted equities
Corporate bonds not issued by financial institutions
Of which are:
Investment grade
Non-investment grade
Corporate bonds issued by financial institutions
Sovereign bonds
Of which are:
EU Member State bonds
Non-EU Member State bonds
Convertible bonds
Loans
Structured/securitised products
b)
Derivatives
Notional Value
Market Value
Equity derivatives
Fixed income derivatives
CDS
Foreign exchange (for investment purposes)
Interest rate derivatives
Commodity derivatives
Other derivatives
c)
Physical (Real/Tangible) Assets
Market Value
Physical: Commodities
Physical: Real estate
Physical: Timber
Physical: Art and collectables
Physical: Transportation assets
Physical: Other
d)
Collective investment undertakings
e)
Other asset classes
Currency of Exposures
10
Total long and short value of exposures (before currency hedging) by the following currency groups:
Long Value
Short Value
AUD
CAD
CHF
EUR
GBP
HKD
JPY
USD
Other
11
Typical deal/position size
(Complete this question if you selected as your predominant AIF type ‘private equity fund’ above)
[Select one]
Very small
(< EUR 5 m)
Small
(EUR 5 m to < EUR 25 m)
Low/mid market
(EUR 25 m to < EUR 150 m)
Upper mid market (EUR 150 m to EUR 500 m)
Large cap
(EUR 500 m to EUR 1 bn)
Mega cap
(EUR 1 bn and greater)
12
Dominant Influence (see Article 1 of Council Directive 83/349/EEC (OJ L 193, 18.7.1983, p. 1))
(Complete this question if you selected as your predominant AIF type ‘private equity fund’ above; please complete for each company over which the AIF has a dominant influence (leave blank if none) as defined in Article 1 of Directive 83/349/EEC)
Name
% Voting Rights
Transaction Type
Risk Profile of the AIF
1.Market Risk Profile
13
Expected annual investment return/IRR in normal market conditions (in %)
Net Equity Delta
Net DV01:
Net CS01:
2.Counterparty Risk Profile
14
Trading and clearing mechanisms
a)
Estimated % (in terms of market value) of securities traded:
(leave blank if no securities traded)
%
On a regulated exchange
OTC
b)
Estimated % (in terms of trade volumes) of derivatives that are traded:
(leave blank if no derivatives traded)
%
On a regulated exchange
OTC
c)
Estimated % (in terms of trade volumes) of derivatives transactions cleared:
(leave blank if no derivatives traded)
%
By a CCP
Bilaterally
d)
Estimated % (in terms of market value) of repo trades cleared:
(leave blank if no repos traded)
%
By a CCP
Bilaterally
Tri-party
15
Value of collateral and other credit support that the AIF has posted to all counterparties
a)
Value of collateral posited in the form of cash and cash equivalents
b)
Value of collateral posited in the form of other securities (excluding cash and cash equivalents)
c)
Value of other collateral and credit support posted (including face amount of letters of credit and similar third party credit support)
16
Of the amount of collateral and other credit support that the reporting fund has posted to counterparties: what percentage has been re-hypothecated by counterparties?
17
Top Five Counterparty Exposures (excluding CCPs)
a)
Identify the top five counterparties to which the AIF has the greatest mark-to-market net counterparty credit exposure, measured as a % of the NAV of the AIF
Name
Total Exposure
Counterparty 1
Counterparty 2
Counterparty 3
Counterparty 4
Counterparty 5
b)
Identify the top five counterparties that have the greatest mark-to-market net counterparty credit exposure to the AIF, measured as a percentage of the NAV of the AIF.
Name
Total Exposure
Counterparty 1
Counterparty 2
Counterparty 3
Counterparty 4
Counterparty 5
18
Direct clearing through central clearing counterparties (CCPs)
a)
During the reporting period, did the AIF clear any transactions directly through a CCP?
Yes
No (if no, skip remainder of the question and go to question 21)
b)
If you answered ‘yes’ in 18(a), identify the top three central clearing counterparties (CCPs) in terms of net credit exposure
Name
Value held
CCP 1 (leave blank if not applicable)
CCP 2 (leave blank if not applicable)
CCP 3 (leave blank if not applicable)
3.Liquidity Profile
Portfolio Liquidity Profile
19
Investor Liquidity Profile
Percentage of portfolio capable of being liquidated within:
1 day or less
2-7 days
8-30 days
31-90 days
91-180 days
181-365 days
more than 365 days
20
Value of unencumbered cash
Investor Liquidity Profile
21
Investor Liquidity Profile
Percentage of investor equity that can be redeemed within (as % of AIF’s NAV)
1 day or less
2-7 days
8-30 days
31-90 days
91-180 days
181-365 days
more than 365 days
22
Investor redemptions
a)
Does the AIF provide investors with withdrawal/redemption rights in the ordinary course?
Yes
No
b)
What is the frequency of investor redemptions (if multiple classes of shares or units, report for the largest share class by NAV)
[Select one]
Daily
Weekly
Fortnightly
Monthly
Quarterly
Half-yearly
Annual
Other
N/A
c)
What is the notice period required by investors for redemptions in days
(report asset weighted notice period if multiple classes or shares or units)
d)
What is the investor ‘lock-up’ period in days (report asset weighted notice period if multiple classes or shares or units)
23
Special arrangements and preferential treatment
a)
As at the reporting date, what percentage of the AIFs NAV is subject to the following arrangements:
% of NAV
Side pockets
Gates
Suspension of dealing
Other arrangements for managing illiquid assets (please specify)
[Type]
[%]
b)
Indicate the percentage of net asset value of AIF’s assets that are currently subject to the special arrangements arising from their illiquid nature under Article 23(4)(a) of the AIFMD including those in question 25(a)?
Special arrangements as a % of NAV
c)
Are there any investors who obtain preferential treatment or the right to preferential treatment (e.g. through a side letter) and therefore are subject to disclosure to the investors in the AIF in accordance with Article 23(1)(j) of the AIFMD?
(Yes or no)
d)
If ‘yes’ to letter c) then please indicate all relevant preferential treatment:
Concerning different disclosure/reporting to investors
Concerning different investor liquidity terms
Concerning different fee terms for investors
Preferential treatment other than that specified above
24
Provide the breakdown of the ownership of units in the AIF by investor group (as % of NAV of AIF assets; look-through to the beneficial owners where known or possible)
25
Financing liquidity
a)
Provide the aggregate amount of borrowing by and cash financing available to the AIF (including all drawn and undrawn, committed and uncommitted lines of credit as well as any term financing)
b)
Divide the amount reported in letter a) among the periods specified below depending on the longest period for which the creditor is contractually committed to provide such financing:
1 day or less
2-7 days
8-30 days
31-90 days
91-180 days
181-365 days
longer than 365 days
4.Borrowing and Exposure Risk
26
Value of borrowings of cash or securities represented by:
Unsecured cash borrowing:
Collateralised/secured cash borrowing — Via Prime Broker:
Collateralised/secured cash borrowing — Via (reverse) repo:
Collateralised/secured cash borrowing — Via Other:
27
Value of borrowing embedded in financial instruments
Exchange-traded Derivatives: Gross Exposure less margin posted
OTC Derivatives: Gross Exposure less margin posted
28
Value of securities borrowed for short positions
29
Gross exposure of financial and, as the case may be, or legal structures controlled by the AIF as defined in Recital 78 of the AIFMD
Financial and, as the case may be, or legal structure
Financial and, as the case may be, or legal structure
Financial and, as the case may be, or legal structure
…
30
Leverage of the AIF
a)
as calculated under the Gross Method
b)
as calculated under the Commitment Method
5.Operational and Other Risk Aspects
31
Total number of open positions
32
Historical risk profile
a)
Gross Investment returns or IRR of the AIF over the reporting period (in %, gross of management and performance fees)
1st Month of Reporting Period
2nd Month of Reporting Period
…
…
Last Month of Reporting Period
b)
Net Investment returns or IRR of the AIF over the reporting period (in %, net of management and performance fees)
1st Month of Reporting Period
2nd Month of Reporting Period
…
…
Last Month of Reporting Period
c)
Change in Net Asset Value of the AIF over the reporting period (in %, including the impact of subscriptions and redemptions)
1st Month of Reporting Period
2nd Month of Reporting Period
…
…
Last Month of Reporting Period
d)
Subscriptions over the reporting period
1st Month of Reporting Period
2nd Month of Reporting Period
…
…
Last Month of Reporting Period
e)
Redemptions over the reported period
1st Month of Reporting Period
2nd Month of Reporting Period
…
…
Last Month of Reporting Period
Monetary values should be reported in the base currency of the AIF.

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Source: https://www.legislation.gov.uk/eur/2013/231/annex/IV/division/2 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-231/annex-IV/division-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.