Asset allocation

domestic funds, excluding funds of funds

  • Equity 36%
  • Bond 25%
  • Multi-assets 19%
  • Money Market 8%
  • Guaranteed/Protected 0%
  • Real Estate 2%
  • Other 10%
Source: FundGlobam Last updated: 31/12/2021

Fund domiciles

of funds distributed in Luxembourg

Source: FundGlobam Last updated: 31/12/2021

Net sales

domestic funds, excluding funds of funds

  • 2021
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
Source: FundGlobam Last updated: 31/12/2021
Main Market orientation
CROSS-BORDER HUB
Distribution potential
LOW

A few words about this market

Luxembourg is the first worldwide domicile of investment funds: 14,728 funds host € 4.16 trillion AuM in collective investment schemes, in which € 3.49 trillion in UCITS.
Luxembourg funds, in particular the Lux SICAVs, are very popular and broadly distributed on cross-border markets.

Market approach to cross-border marketing in Luxembourg

UCITS Public offer
AIF Public offer
AIF Professional offer
Regimes
UCITS Public offer
AIF Public offer
- EU AIF only
AIF Professional offer
Investors
UCITS Public offer
Retail, Professional
AIF Public offer
Retail, Professional
AIF Professional offer
Professional only
Marketing
Direct
UCITS Public offer
AIF Public offer
AIF Professional offer
Indirect
UCITS Public offer
AIF Public offer
AIF Professional offer
Internet
UCITS Public offer
AIF Public offer
AIF Professional offer
No
Local Representative Agent(s) ("LRA")
LRA requirements
UCITS Public offer
AIF Public offer
AIF Professional offer
No
Disclosure
Fund documentation
UCITS Public offer
Prospectus, KIIDs, Annual/Semi-annual reports, Constitutive document
AIF Public offer
Prospectus, KIIDs, Annual/Semi-annual reports, Constitutive document
AIF Professional offer
Prospectus/PPM, Annual reports
NAV
UCITS Public offer
AIF Public offer
AIF Professional offer
No
Legal Announcement
UCITS Public offer
AIF Public offer
AIF Professional offer
No
Website
UCITS Public offer
AIF Public offer
AIF Professional offer
No
Language(s)
UCITS Public offer
French, German, Luxembourgish or English. KIIDs in French, German, Luxembourgish or English
AIF Public offer
French, German, Luxembourgish or English. KIIDs in French, German, Luxembourgish or English
AIF Professional offer
English
Registration
Registration procedure
UCITS Public offer
UCITS passport
AIF Public offer
AIF domestic autorisation
AIF Professional offer
AIF/AIFM passport
Start marketing
UCITS Public offer
10 days from notification
AIF Public offer
AIF Professional offer
20 days from notification
Changes
Change procedure
UCITS Public offer
UCITS notice
AIF Public offer
AIF notice
AIF Professional offer
AIF notice
Investor communication
UCITS Public offer
AIF Public offer
AIF Professional offer

Cost approach to cross-border marketing in Luxembourg

UCITS Public offer
AIF Public offer
AIF Professional offer
Cost table summary
DMCI/Cost Indicator 1
UCITS Public offer
High
AIF Public offer
High
AIF Professional offer
Low+
Main costs
UCITS Public offer
LRA, Regualtory fees, Translation, Promotion, Sales force
AIF Public offer
LRA, Regualtory fees, Translation, Promotion, Sales force
AIF Professional offer
Sales force

1 FundGlobam Distribution Market Cost Indicator ("DMCI")

Regulatory fees
Registration fee
UCITS Public offer
Examination fee of €2.650 for each foreign single UCITS or €5.000 for each foreign umbrella UCITS
AIF Public offer
Examination fee of €2.650 for each foreign single AIF or €5.000 for each foreign umbrella AIF
AIF Professional offer
Examination fee of €2.650 for each foreign single AIF or €5.000 for each foreign umbrella AIF
Annual fee (fixed)
UCITS Public offer
€2,650 for each foreign single UCITS and €5,000 for each foreign umbrella UCITS
AIF Public offer
€2,650 for each single EEA AIF and €5,000 for each umbrella EEA AIF
AIF Professional offer
€2,650 for each single EEA AIF and €5,000 for each umbrella EEA AIF
Annual fee (variable)
UCITS Public offer
No
AIF Public offer
No
AIF Professional offer
N/A
Other fee
UCITS Public offer
No
AIF Public offer
No
AIF Professional offer
No
Eligibility
UCITS Public offer
Any foreign UCITS registered on 1 January
AIF Public offer
Any EU AIF registered on 1 January
AIF Professional offer
Any AIF registered on 1 January
Due date
UCITS Public offer
AIF Public offer
AIF Professional offer
Revision
UCITS Public offer
On regulatory change only
AIF Public offer
On regulatory change only
AIF Professional offer
On regulatory change only

Regulator & Association

Competent Authority:
CSSF - Commission de Surveillance du Secteur Financier
 
http://www.cssf.lu
Fund association:
ALFI - Association of the Luxembourg Fund Industry
 
http://www.alfi.lu
Interested ? Please contact us.

Disclaimer

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