Open Issues - Version 1.23 DRAFT

Disclaimer

Please note this page is only for pre-informative purposes and not yet final. There will be further changes and the below-indicated list will grow over time as some of these fields have not yet been discussed within the openfunds committee. Until the version is final, this section is set up to work as a discussion platform for new fields or any kind of field changes which have been included or removed from this new version.

Only active members who are logged-in are able to participate in this online discussion. In case you are not an active member but would like to share your feedback and views, kindly contact us at businessoffice@openfunds.org.

Once the version is final it will be published on the website “Fields” under “Actual Fields”. In case you have any questions, please contact us at businessoffice@openfunds.org.


General information about version 1.23

openfunds plans to publish the final version 1.23 at the beginning of April 2018. Therefore, we would like to inform you that all requests for new fields and further field changes submitted to openfunds before mid-March will be considered for this version.


Here are the files which will be affected by the below-listed field changes. The files already take into account the respective adjustments:

EMT 1.0 Version 2017-08-03 (including openfunds, v11 – uploaded: 2018-02-16)

EPT 1.1 Version 2017-10-06 (including openfunds, v03 – uploaded: 2018-02-16)

openfunds fields v1.22 DRAFT (PDF) / openfunds fields v1.22 DRAFT (Excel)


New fields

The following new fields are discussed to be included into the openfunds standard.

  • OFST024170 PRIIP Capital Guarantee Early Exit Conditions Date
  • OFST350008 MiFID Specific Investment Need Description
  • OFST350009 Is Sharia Compliant
  • OFST350010 CIC
  • OFST405532 Irregular Subscription Dealing Days
  • OFST425572 Irregular Redemption Dealing Days
  • OFST451028 Performance Fee Applied

 

No Longer Supported Fields

Please note the following fields are discussed to be no longer supported by openfunds. Fields which are no longer supported require adjustments.

  • OFST024169 PRIIP Capital Guarantee Early Exit Conditions In Month: Changed Field Name “PRIIP Capital Guarantee Early Exit Conditions” (old) to “PRIIP Capital Guarantee Early Exit Conditions In Month” (new) and set to no longer supported, please use “OFST024171 PRIIP Capital Guarantee Early Exit Conditions Date” instead.

 

Major Field Changes

Please note the following fields will require action, if the changes are accepted by the openfunds committee.

  • OFST350005 MiFID German Product Category Or Nature: Name changed from MiFID Product Category Product Or Nature (old) to MiFID German Product Category Or Nature (new) and updated also the name in the translation table.
  • OFST451020 PRIIPS Performance Fee: Adapted Field Description.
  • OFST451030 Performance Fee Maximum: Adapted Field Description.

 

Minor Field Changes

Action not necessarily required as it depends on the implementation of openfunds whether an action is required. An example for minor field changes: Enhancements implemented in the openfunds field like the language tag functionality.

  • OFST6100XX Has Country Representative: Added country specific field names to Field Description.
  • OFST6102XX Country Representative: Added country specific field names to Field Description.

 

Informative Field Changes

No action required. Typically changes in field descriptions in order to clarify the use or the meaning of an openfunds field.

  • OFDY023143 Ex-post Transaction Costs Period Start: Adapted Field Description.
  • OFDY023144 Ex-post Transaction Costs Period End: Adapted Field Description.
  • OFDY023153 Ex-post Management Fee Applied Period Start: Adapted Field Description.
  • OFDY023154 Ex-post Management Fee Applied Period End: Adapted Field Description.
  • OFDY023163 Ex-post Ongoing Charges Period Start: Adapted Field Description.
  • OFDY023164 Ex-post Ongoing Charges Period End: Adapted Field Description.
  • OFDY023193 Ex-post Incidental Costs Period Start: Adapted Field Description.
  • OFDY023194 Ex-post Incidental Costs Period End: Adapted Field Description.
  • OFST001050 Fund Guarantor: Corrected typo in Values
  • OFST010630 Is Leveraged: Adapted Field Description.
  • OFST020060 Full Share Class Name: Adapted Field Description.
  • OFST024154 PRIIP Investment Option: Adapted Field Description.
  • OFST024155 Target Market Retail Investor Type: Adapted Field Description.
  • OFST024158 PRIIP Other Risk Narrative: Adapted Field Description.
  • OFST024166 PRIIP Capital Guarantee Characteristics: Adapted Field Description.
  • OFST024168 PRIIP Capital Guarantee Limitations: Adapted Field Description.
  • OFST350007 MiFID Specific Investment Need: Adapted Field Description and added Reference to field “OFST350008 MiFID Specific Investment Need Description”.
  • OFST400230 Minimal Initial Subscription In Amount: Adapted Field Description.
  • OFST400240 Currency Of Subscription: Added Linked Reference to field “OFST400240 Currency Of Subscription” and adepted Field Description.
  • OFST405523 Number Of Possible Subscriptions Within Period: Adapted Field Description.
  • OFST405525 Weekly Subscription Dealing Days: Adapted Field Description.
  • OFST405526 Monthly Subscription Dealing Days: Adapted Field Description.
  • OFST405528 Yearly Subscription Dealing Days: Adapted Field Description.
  • OFST10100 Cut-off Time For Subscription: Added Linked Reference to field “OFST410090 Time Zone For Cut-off For Subscription And Redemption”
  • OFST420230 Minimal Initial Redemption In Amount: Added Linked Reference to field “OFST420200 Redemption Category” and adepted Field Description.
  • OFST420240 Currency Of Redemption: Added Linked Reference to field “OFST420230 Minimal Initial Redemption In Amount” and adepted Field Description
  • OFST425563 Number Of Possible Redemptions Within Period: Adapted Field Description.
  • OFST425565 Weekly Redemption Dealing Days: Adapted Field Description.
  • OFST425566 Monthly Redemption Dealing Days: Adapted Field Description.
  • OFST425568 Yearly Redemption Dealing Days: Adapted Field Description.
  • OFST430100 Cut-off Time For Redemption: Added Linked Reference to field “OFST410090 Time Zone For Cut-off For Subscription And Redemption”
  • OFST451005 PRIIPS Performance Fee Description: Adapted Field Description.
  • OFST452155 PRIIPS Carried Interest Description: Adapted Field Description.
  • OFST453151 Is Trailer Fee Clean: Adapted Field Description.

 

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