It is a Public Limited Company that coordinates the distribution and management of unit trusts amongst countries within the European Union. These funds can be marketed within all countries that are a part of the European Union, with the condition  that the fund and fund managers are registered in the domestic country. The regulation recognizes that each country within the European Union may differ on specific disclosure requirements.

pdf-iconUCITS – Undertakings for Collective Investment in Transferable Securities

pdf-icon UCITS V – Briefing Document