New fund that meets the label criteria

  1. 1

    Step 1: Apply for fund authorisation

    Which form you need to complete depends on the type of fund, for example:

    • authorised contractual scheme (ACS) 
    • authorised unit trust (AUT)
    • investment company with variable capital (ICVC)

    Check which form to complete on our fund authorisations page.

  2. 2

    Step 2: We review your application

    We’ll consider your application using our usual process

    The FCA does not give approval for using a label, but we’ll consider whether the fund and disclosures are consistent with the investment label that you wish to use.

  3. 3

    Step 3: Notify us and download the label

    If we authorise your fund and once it is ready to launch, complete the Connect form to notify the FCA.

    Complete 1 form per label.

    You do not need to pay a fee. 

    Log in to Connect with your firm’s existing registration details. Then go to the ‘Firm Notifications’ section on Connect.

    You need to provide:

    • Product Reference Number (PRN) for your fund.
    • Which investment label you wish to use.
    • Start date for when you want to use the label.

    Once you’ve notified us, download the label from Connect.

  4. 4

    Step 4: Display the label

    Display the label and publish the associated consumer-facing disclosure as required under our rules.