Open Issues

upcoming version 1.24 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.


New upcoming version 1.24 DRAFT

We are currently working on the new version 1.24. So far the remaining EMT fields and the new fields from EMT version 2.0 have been added. The remaining EPT fields have also been included in the openfunds field list. In addition, new fields were introduced that are specifically required by Asian distributors and fund houses. We have also added fields that are required for dynamic data distribution. Additionally, we intend to include fields due to the Investment Tax Act. Please note that all these changes have not yet been discussed in the openfunds committee. The new fields and changes are listed below by topic.

 

EMT Fields

New EMT Fields

  • OFDY023010 Gross Ex-post Entry Costs For Structured Securities
  • OFDY023011 Ex-post One-off Exit Costs
  • OFDY023012 Ex-post Net One-Off Entry Costs
  • OFDY023013 Ex-post Ongoing Costs for Structured Securities
  • OFDY023014 Ex-post Accumulated Ongoing Costs For Structured Securities
  • OFDY023015 Ex-post Management Fees For Structured Securities
  • OFDY023016 Ex-post Reference Value For Structured Securities
  • OFDY023017 Ex-post Reference Date For Structured Securities
  • OFDY023018 Ex-post Incidental Costs For Structured Securities
  • OFDY023019 Ex-post Performance Fee for Structured Securities
  • OFDY023175 Ex-post Incidental Costs Performance Fee
  • OFDY023200 Ex-post Distribution Fees As Percentage
  • OFDY023203 Ex-post Distribution Fees Period Start
  • OFDY023204 Ex-post Distribution Fees Period End
  • OFDY023220 Ex-post Gearing Costs – updated on 2018-07-18
  • OFDY023221 Ex-post Gearing Costs Start Period – updated on 2018-07-18
  • OFDY023222 Ex-post Gearing Costs End Period – updated on 2018-07-18
  • OFST000100 Used EMT Version
  • OFST000101 Date Of File Generation
  • OFST000102 Time Of File Generation
  • OFST001021 ManCo Email Address
  • OFST024007 Risk Tolerance For Non-PRIIPS And Non-UCITS
  • OFST024008 Spanish Risk Tolerance For Non-PRIIPS And Non-UCITS
  • OFST024022 EMT Ex-ante Cost Reference Date
  • OFST100001 Is Investor Type Retail: Replaces the old field OFST100000 as the value “neutral” does not exist in EMT 2.0 anymore.
  • OFST100002 Is Investor Type Professional: Replaces the old field OFST100004 as the value “neutral” does not exist in EMT 2.0 anymore.
  • OFST100003 Is Investor Type Eligible Counterparty: Replaces the old field OFST100008 as the value “neutral” does not exist in EMT 2.0 anymore.
  • OFST100017 German Knowledge And Experience
  • OFST100028 Level Of Limited Capital Loss In Percent
  • OFST100030 German Lowest Risk Tolerance
  • OFST100055 German Pension Scheme Return Profile
  • OFST450000 Is Structured Security
  • OFST450001 Quotation Type
  • OFST450005 Early Termination
  • OFST450010 MiFID EUSIPA Product Category Or Nature
  • OFST450020 Gross One-off Entry Costs
  • OFST450030 Net One-off Entry Costs
  • OFST450040 MiFID Exit Cost At RHP
  • OFST450041 MiFID One-off Exit Cost For Structured Securities
  • OFST450050 MiFID Ongoing Charges For Structured Securities
  • OFST450051 Management Fee For Structured Securities
  • OFST450052 Ex-ante Reference Value For Structured Securities
  • OFST450053 Performance Fee For Structured Securities
  • OFST450130 Italian One-off Entry Costs
  • OFST450131 Italian Maximal One-off Exit Costs
  • OFST450996 Typical One-off Exit Costs
  • OFST451001 Has MiFID Performance Fee
  • OFST451050 Has Leveraged Financial Instrument Or Contingent Liability Transaction
  • OFST454200 Has Gearing Costs – updated on 2018-07-18
  • OFST454201 Ex-ante Gearing Costs – updated on 2018-07-18

 

No Longer Supported EMT Fields

Please note the following fields will require adjustments.

  • OFST100000 Is Client Type Retail: No longer supported as the value “neutral” does not exist anymore in the EMT 2.0. Please use “OFST1000001 Is Investor Type Retail” instead.
  • OFST100004 Is Client Type Professional: No longer supported as the value “neutral” does not exist anymore in the EMT 2.0. Please use “OFST1000002 Is Investor Type Professional” instead.
  • OFST100008 Is Investor Type Eligible Counterparty: No longer supported as the value “neutral” does not exist anymore in the EMT 2.0. Please use “OFST1000003 Is Investor Type Eligible Counterparty” instead.

 

Informative EMT Field Changes

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

  • OFST001030 LEI Of ManCo: Adjusted Field Description as this field is now also available in the EMT from the European Working Group.
  • OFST010660 Is ETC: Added field number of the EMT in the Field Description.
  • OFST020400 Share Class Distribution Policy: Adjusted Field Description as this field is now also available in the EMT from the European Working Group.
  • OFST024018 PRIIP Recommended Holding Period: Adjusted Field Description as the name and number of the field in EMT changed.
  • OFST024019 Maturity Date: Adjusted Field Description as this field is now also available in the EMT from the European Working Group.
  • OFST024021 EMT Reference Date: Adjusted Field Description as the name of the referenced EMT field has changed.
  • OFST100020 No Ability For Any Capital Loss: Adjusted Field Description as the name and number of the referenced EMT field has changed.
  • OFST100022 Ability For Limited Capital Losses: Adjusted Field Description as the name and number of the referenced EMT field has changed.
  • OFST100024 Ability For Total Capital Loss: Adjusted Field Description as the name and number of the referenced EMT field has changed.
  • OFST100026 Ability For Losses Beyond Capital: Adjusted Field Description as the name and number of the referenced EMT field has changed.
  • OFST100040 Return Profile Preservation: Adjusted Field Description as the name and number of the referenced EMT field has changed.
  • OFST100042 Return Profile Growth: Adjusted Field Description as the name and number of the referenced EMT field has changed.
  • OFST100044 Return Profile Income: Adjusted Field Description as the name and number of the referenced EMT field has changed.
  • OFST350070 Implicit MiFID Compliance: Adjusted Field Description as this field is now also available in the EMT from the European Working Group.
  • OFST451028 Performance Fee Applied: Adjusted Field Description as this field is now also available in the EMT from the European Working Group.
  • OFST451320 Subscription Fee Maximum: Adjusted Field Description as the name and number of the referenced EMT field has changed.

 

EPT Fields

New EPT Fields

  • OFST024002 Historical Volatility
  • OFST024157 PRIIP Risk Narrative
  • OFST451025 Has UCITS Performance Fees
  • OFST451026 UCITS Performance Fees
  • OFST451450 PRIIPS One-off Entry Costs
  • OFST451451 PRIIPS One-off Exit Costs
  • OFST452142 Information About Transaction Costs
  • OFST452146 PRIIPS Ongoing Transaction Costs
  • OFST452151 PRIIPS Carried Interest RIY
  • OFST452154 UCITS Incidental Costs Carried Interest
  • OFST452161 PRIIPS Performance Fee RIY
  • OFST452221 PRIIPS Other Ongoing Costs RIY

 

Informative EPT Field Changes

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

  • OFST460190 1Y Total Costs: Adjusted Field Description as this field covers the EPT “07010_Total_cost_1_year” and CEPT “34010_Cost_total_period_1”.
  • OFST460192 Half RHP Total Costs: Adjusted Field Description as this field covers the EPT “07030_Total_cost_half_RHP” and CEPT “34020_Cost_total_period_2”.
  • OFST460193 RHP Total Costs: Adjusted Field Description as this field covers the EPT “07050_Total_cost_RHP” and CEPT “34030_Cost_total_period_3”.
  • OFST460195 1Y RIY: Adjusted Field Description as this field covers the EPT “07020_RIY_1_year” and CEPT “34040_Percentage_RIY_period_1”.
  • OFST460197 Half RHP RIY: Adjusted Field Description as this field covers the EPT “07040_RIY_half_RHP” and CEPT “34050_Percentage_RIY_period_2”.
  • OFST460198 RHP RIY: Adjusted Field Description as this field covers the EPT “07060_RIY_RHP” and CEPT “34060_Percentage_RIY_period_3”.

 

Asian Distributors and Fund Houses Fields

New Asian Fields

  • OFST710110 Hong Kong SFC Security Classification
  • OFST710111 Is An Investment In High Yield Bonds Allowed
  • OFST710112 Is An Investment In High Complex Bonds Allowed

 

Dynamic Data Distribution Fields

New Dynamic Data Fields

  • OFDY100100 Dynamic Data Type: Includes OF-ID which value shall be shown in Narrow Dynamic Data Table
  • OFDY100110 Dynamic Currency
  • OFDY100111 Dynamic Value

 

Other Requested Fields

New Other Fields

  • OFDY000037 Fund Valuation Point
  • OFDY000038 Fund Valuation Point Time Zone
  • OFDY005026 Tax Deducted Reinvested Amount Reference Date
  • OFST005015 Domicile Of Umbrella
  • OFST010050 Form Of Share
  • OFST010055 Location Of Bearer Share
  • OFST010056 Location Of Share Register
  • OFST010635 Maximum Leverage In Fund
  • OFST010650 Is REIT
  • OFST020290 Has Forward Pricing
  • OFST451199 Has Redemption Fee In Favour Of Fund
  • OFST452014 Has All-in Fee
  • OFST700650 Is Swiss Retail Client
  • OFST700660 Is SBA Compliant
  • OFST701041 Is Great Britain SIPP Compliant
  • OFST701042 Is Great Britain Non-UCITS Retails Scheme
  • OFST701050 Is PAIF
  • OFST701055 Is UK Approved Investment Trust

 

No Longer Supported Other Fields

Please note the following fields will require adjustments.

  • OFST024043┬áPRIIP VEV-1
  • OFST024044 PRIIP VEV-2
  • OFST024045 PRIIP VEV-3
  • OFST451380 Germany Front Load: No longer supported as no longer needed.

 

Major Other Fields Changes

Please note the following fields will require adjustments.

  • OFST002700 Transfer Agent: Changed Field Level from Company (old) to Share Class (new).
  • OFST020080 Share Class Consolidation Key: Changed Field Level from Share Class (old) to Fund (new). Also changed to a “Hybrid Field”. Please see white paper “Field Typology” for more information.
  • OFST451028 Performance Fee Applied: Added Link Reference to “OFST451000 Has PRIIP Performance Fee”.
  • OFST451030 Performance Fee Maximum: Added Link Reference to “OFST451000 Has PRIIP Performance Fee”.

 

Minor Other Fields 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.

  • OFST001410 LEI Of Custodian Bank: Deleted Field Tags “MiFID II data” and “PRIIP data” and chagend Field Level from Fund (old) to Company (new).
  • OFST350000 MiFID Securities Classification: Added Field Tag “MiFID II data”.

 

Informative Other Fields Changes

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

  • OFDY005025 Tax Deducted Reinvested Amount: Added Linked Field to the new created Field “OFDY005026 Tax Deducated Reinvested Amount Reference Date”.
  • OFST002000 Marketmaker Name: Adjusted Field Description as this field is only applicable for ETF funds.
  • OFST454161 Distribution Fee Reference Date: Added Field Tag “MiFID ll data”.
  • OFST00640 Is Swiss Investment Foundation: Adjusted Field Description as this field is only applicable for funds domiciled in Switzerland and added Linked Field “OFST010010 Fund Domicile Alpha-2”.

 

Leave a Reply