Durable Medium

Within the scope of the UCITS IV Implementation Act, capital investment companies (KAGs) are held to inform investors of any substantial changes to the terms of their funds.

These include:

  • Fund mergers
  • Contract amendments
  • Erroneous unit valuations
  • Investment limit violations


Within the scope of the UCITS IV Implementation Act, capital investment companies (KAGs) are held to inform investors of any substantial changes to the terms of their funds. These include fund mergers, contract amendments, erroneous unit valuations, and investment limit violations. The UCITS IV Directive assumes that such information will be provided to investors using a durable medium, meaning a medium that allows investors to store, inspect and transmit information on an unchanged basis for a period of time appropriate to its purpose.

WM Datenservice offers support to issuers/capital investment companies in transmitting information to custodian banks, by acting as an operator within the scope of WM's Durable Medium Service Agreement. Within the scope of our data feeds, custodian banks can be electronically informed of the existence of a document previously lodged with us. The document can then be downloaded by way of a simultaneously transmitted link, printed out and provided to investors.
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