Faster, simpler and more transparent: our VAG reporting

Since 2003, insurers and pension funds have been required to notify the German financial regulator (BaFin) of all shares they hold in mutual and special funds in accordance with § 54d of the Insurance Supervision Act (VAG).


In order to ensure standardised reporting, Universal-Investment discloses the percentage shares in a special fund’s value. The insurance company or pension fund on its part discloses the number of shares and book value of each share to make it easy to calculate the fair and book values of the total fund investments.

We use information service provider WM-Datenservice to ensure standardised and automated VAG-compliant classification. Along with the client’s portfolio data, this allows us to compile the required registration sheets consistently and swiftly.

Combining internal and external data

Universal-Investment currently supplies these reports for 215 funds and far in advance of the mandatory reporting deadlines. This gives our clients the time they need to integrate the data we supply into their own reports and where necessary clarify any outstanding issues.
In addition, we also provide investors with the classification by individual security where necessary. On the one hand, this enhances transparency and on the other allows our clients to use these detailed data for other internal purposes and to process them further.