Ebsylon & IRML KIID Services
- 1. Ebsylon Key Investor Information Document Seemingly simple... You drive your business. We word it.
- 2. Ebsylon KIID MADE SIMPLE You drive your business. We word it.
- 3. Ebsylon KIID¡¯s traps Dissemination in all languages at once 57 pages of regulations + audit trail + 54 of ALFI Q&A Plain language Ongoing COMPLIANCE Charges Dissemination SRRI Ongoing charges ¡Ù TER 5 methods to compute the SRRI You drive your business. We word it.
- 4. Ebsylon Your Need ? One-stop-shop effective production ¨C Design ¨C Drafting ¨C Monitoring ¨C Dissemination ? Compliance to regulations ? Plain language texts You drive your business. We word it.
- 5. Ebsylon You Pick and Choose YOUR NEED PRODUCTION REVIEW SERVICES SERVICES YOUR PEACE OF MIND You drive your business. We word it.
- 6. Ebsylon Production Services Full Processing ?One stop-shop solution ?Tailor template & texts ?Monitor texts, SRRI*, ongoing charges ?Annual mandatory update ?Disseminate Texts ?Write all texts in plain English/plain French ?Rewrite into plain French/English ?Translate into other languages Template Design ?Adapt to corporate image ?Emphasise unique selling points ?Facilitate reading You drive your business. We word it. * Provided by
- 7. Ebsylon Review Services Full Audit ?Ensures100% compliance to regulations ?Based on all available documents, from prospectus to risk management process & marketing documentation ?Interview with asset managers ?Highlight issues & propose changes Limited Review ?Limited analysis, based on publicly available documents ?Highlight issues & propose changes Desk Review ?Simple perusal ?Highlight issues You drive your business. We word it.
- 8. Ebsylon Our Difference Provider Provider Provider Ebsylon & IRML 1 2 3 Tailored template Client CESR Client Texts Client Client Client SRRI No Yes No Ongoing Charges No Yes No Past performance Yes Yes No Dissemination Yes Yes No Coordination Yes Yes Yes You drive your business. We word it.
- 9. Ebsylon Indicative Setup Cost Production Services All amounts in euros, excluding VAT Template tailoring 1,000.00/promoter Texts Initial drafting (French/English) 2,000.00/sub-fund Rewriting into English/French 500/sub-fund Translation into other languages 150/sub-fund + 0.21/word Synthetic Risk and Reward Indicator* (per unit/share class) Market Funds/Life Cycle Funds 200.00 Absolute Return Funds 250.00 Total Return Funds 350.00 Structured Funds 1,000.00 Ongoing charges 500.00/sub-fund Dissemination setup 1,000.00/sub-fund *Funds with more than 5 years history; costs for funds with less than 5 years history based on time spent You drive your business. We word it.
- 10. Ebsylon Indicative Ongoing Cost Production Services All amounts in euros, excluding VAT, per annum Texts Maintenance (twice/year) 500.00/sub-fund Synthetic Risk and Reward Indicator (per unit/share class) (weekly calculation & monitoring) Market Funds/Life Cycle Funds 150.00 Absolute Return Funds 200.00 Total Return Funds 400.00 Structured Funds 2,500.00 Ongoing charges 500.00/sub-fund Dissemination & ongoing monitoring 70.00/KIID You drive your business. We word it.
- 11. Ebsylon Indicative Total Cost 3 sub-funds (sf), total of 6 share classes (sc; Market All amounts in euros, excluding VAT Funds, >5 years history), English & French, 1 update/year (3 sf * 2,000)+(3 sf * 500) Texts 7,500.00 Template tailoring 1,000.00 3 sf * 500 Ongoing charges setup 1,500.00 6 sc * 200 SRRI setup (>5 years history) 1,200.00 3 sf * 1,000 Dissemination setup 3,000.00 3 sf * 500 *5 yrs Texts maintenance 7,500.00 6 sc * 150 * 5 yrs SRRI monitoring 4,500.00 3 sf * 500 * 5 yrs Ongoing charges monitoring 7,500.00 Dissemination 4,200.00 12 docs * 70 * 5 yrs TOTAL COST OVER 5 YEARS 37,900.00 i.e. 1,263.33/class/year You drive your business. We word it.
- 12. Ebsylon Your Advantage Provider A Provider B Provider C Ebsylon & IRML Total cost over 5 153,000 30,440 40,500 37,900 years + advisory (texts (texts (all (SRRI only) provided by provided by included) You) You) 3 sub-funds, total of 6 share classes (Market Funds, >5 years history), English & French, 1 update/year You drive your business. We word it.
- 13. Ebsylon KIID BY EBSYLON & IRML EBSYLON You drive your business. We word it.
- 14. Ebsylon We master this... Schematic representation of EU regulations about texts You drive your business. We word it.
- 15. Ebsylon We avoid that... ? KIID compliance survey* 0% fully compliant to regulation 61% do not comply on more than 16 points You drive your business. * Joint KNEIP/Ebsylon Survey ¨C December 2011 We word it.
- 16. Ebsylon Unique Combination of Skills Legal & Compliance Plain Multi Risk Language Expertise Management Marketing You drive your business. We word it.
- 17. Ebsylon A continuous Process Initial ? KII document is to be updated annually, ad minima KIID ? Ongoing monitoring to ensure: ¨C Accuracy of SRRI & ongoing charges ¨C Consistency with the fund¡¯s actual Annual portfolio Best practice: twice a year Update ¨C ¨C Changes if significant Ongoing Monitoring You drive your business. We word it.
- 18. Ebsylon KIID Indicative Timeline All documents Other Sign-off & Ongoing Kick-off Initial drafting Sample (base language) languages Publication Monitoring Weekly SRRI Monitoring Disclosure Thresholds Ongoing Charges Asset & Risk Monitoring Management Translation Level of Plain Language Texts Monitoring SRRI Methodology Transposition Wording Preferences Annual Update Charges Dissemination Material Changes Simulations D+10 D+40 D+50 Ongoing You drive your business. We word it.
- 19. Ebsylon COMPLY WITH REGULATIONS TURN COMPLIANCE INTO OPPORTUNITIES DIFFERENTIATE YOURSELF You drive your business. We word it.
- 20. Ebsylon Contacts Christophe Pessault, CEO Emmanuel B¨¦gat, Managing Partner 16, rue Jean-Pierre Brasseur 16, rue Jean-Pierre Brasseur L-1258 Luxembourg L-1258 Luxembourg +352 42 26 11 323 +352 268 904 515 +352 621 490 583 +352 661 370 400 cpessault@irml.net eb@ebsylon.com You drive your business. We word it.