Question ID: 2516
Regulation Reference: (EU) 2017/653 - PRIIPs Delegated Regulation for key information document
Topic: Key information document (KID)
Article: DR (EU) 2021/2268 (amendments to the regulation 2017/653)(Annex IV)(Point 7 (c) (iv))
Status: Rejected
Date of submission: 14 Oct 2022
Question
Annex IV, point 7 (c) (iv) states that for each sub interval referred to in points (a) and (b), calculation of the performance of the PRIIP shall include the use of a linear transformation to obtain the performance in sub intervals shorter than the recommended holding period, in order to render all sub intervals of comparable length.
May you confirm that for a sub-interval shorter than the recommended holding period, with a view to making all subintervals of comparable length, the prices should be extrapolated from each subinterval?
EIOPA answer
This question has been rejected because the matter it refers to has been answered in the PRIIPs Q&A file: https://www.eiopa.europa.eu/document/download/6ebcbbe4-0d27-4fe2-963f-b5cc7bb20f85_en?filename=JC%202023%2022%20-%20Consolidated%20JC%20PRIIPs%20Q%26As%20-%20December%2018%202023.pdf
Please see Section V, ‘Performance Scenarios’ question 9 of the PRIIPs Q&As.