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

¹ The fol­low­ing re­struc­tur­ings of open-ended col­lect­ive in­vest­ment schemes are per­mit­ted:

a.

a mer­ger through the trans­fer of as­sets and li­ab­il­it­ies;

b.

a con­ver­sion to a dif­fer­ent leg­al status of a col­lect­ive in­vest­ment scheme;

c.

in the case of SICAVs: the trans­fer of as­sets in ac­cord­ance with Art­icles 69–77 of the Mer­gers Act of 3 Oc­to­ber 2003¹²⁸.

² A re­struc­tur­ing in ac­cord­ance with para­graph 1 let­ters b and c may only be entered in the Com­mer­cial Re­gister fol­low­ing FINMA’s ap­prov­al in ac­cord­ance with Art­icle 15.