Home / CY AIF Law of 2018 / PART IV LISTED AIFs / [107] Comparing performance against the benchmarks index.

107. Comparing performance against the benchmarks index.

An AIF which reflects, replicates or tracks an index, taking into consideration the various methods for reflecting, replicating or tracking that index, shall calculate the maximum level-

(a) of the fluctuation of the difference between the performance of the AIF and of the underlying index as standard deviation, and

(b) of the margin of the current positive or negative performance of the AIF, in relation to the performance of the underlying index.