Fund Acceptance
Clearstream accepts investment funds - collective investment schemes that are ‘unitised’ as a security - for deposit and settlement. This is usually shown by the existence of an ISIN or an equivalent local market securities identifier (such as CUSIP, SEDOL).
Investment fund shares must be eligible for book-entry transfer in Clearstream. Participations in collective investment schemes that are only expressed as pro-rata participations, such as partnerships and other multi-person ventures, are not accepted for deposit and settlement.
Acceptance of investment fund shares in Clearstream is subject to the receipt of the final fund prospectus.
In the case of umbrella funds, where some funds have already been accepted and for which no modifications have been introduced in the first version of the prospectus, only the relevant addendum is required for an additional share class to be accepted in Clearstream.
The Clearstream eligibility assessment on investment funds shares shall be based on Clearstream governing documents and policies (subject to change at Clearstream’s discretion) and is performed by the Fund Acceptance team.
For further information or questions on fund acceptance in Clearstream, please contact the Fund Acceptance team as follows:
- Email: Fundacceptance@clearstream.com
- Phone: +352 243-32872