New fund that meets the label criteria

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[1] on our fund authorisations page.

We’ll consider your application using our usual process[2]. 

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.

If we authorise your fund and once it is ready to launch, complete the Connect[3] 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.

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