Proposal for a regulation
Article 8 – paragraph 2 – point b – point iv a (new)
(iva) A provision that the manufacturer shall transparently inform the customer through a yearly document about the performance of the investment product. This document shall contain an ex-post disclosure of the investment product’s performance in the past year. Furthermore, this ex-post performance shall be compared to a different investment product with a comparable risk profile. If the customer owns several investment products of a certain manufacturer and covered by this regulation, the aforementioned disclosure and comparison shall by applied to the whole portfolio. Any fees affecting the yield of the investment product shall also be disclosed.