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

¹ The in­vest­ments per­mit­ted for the L-QIF must be set out in the fol­low­ing doc­u­ments:

a.

in the case of an L-QIF in the leg­al form of a con­trac­tu­al fund: in the fund con­tract;

b.

in the case of an L-QIF in the leg­al form of a SICAV: in the in­vest­ment reg­u­la­tions;

c.

in the case of an L-QIF in the form of an LPCI: in the part­ner­ship agree­ment.

² If the L-QIF in­vests in al­tern­at­ive in­vest­ments, ref­er­ence must be made to the par­tic­u­lar risks as­so­ci­ated with these in­vest­ments in the des­ig­na­tion, in the doc­u­ments in ac­cord­ance with para­graph 1 and in the ad­vert­ising ma­ter­i­al.

³ The Fed­er­al Coun­cil shall reg­u­late in­vest­ment pro­vi­sions and in­vest­ment re­stric­tions.