Federal Act
on Collective Investment Schemes
(Collective Investment Schemes Act, CISA)

The Fed­er­al Coun­cil en­forces re­demp­tion if:

a.

this is ne­ces­sary to safe­guard the repu­ta­tion of the fin­an­cial mar­ket, and spe­cific­ally to com­bat money laun­der­ing;

b.

the in­vestor no longer meets the stat­utory, reg­u­lat­ory or con­trac­tu­al re­quire­ments, or the re­quire­ments set out in the art­icles of as­so­ci­ation, for par­ti­cip­a­tion in a col­lect­ive in­vest­ment scheme.