European Fund Classification
About European Fund Classification
To extend the scope of the current classification Classification, EFAMA has decided to launch an indicative classification. FundConnect have implemented the concept in the Nordics and FE has applied the indicative classification for funds distributed in in Switzerland and Germany. The indicative classification should be seen as a first step towards a “verified” classification of those funds.
The Classification Administrator performs the duties of the classification on a non-monetary basis. The classification results are freely available on the websites of FundConnect and EFAMA (http://www.efama.org/SitePages/EFCF.aspx) and it is possible for data vendors or other interested parties to receive the results of the EFC in bespoke feeds. FundConnect and FE will make the classification available within their products and to the firms they distribute to.