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

¹ Fol­low­ing its dis­sol­u­tion, an in­vest­ment fund or SICAV may neither is­sue nor re­deem any units.

² In the case of an in­vest­ment fund, in­vestors have a claim to a pro­por­tion­ate share of the pro­ceeds of li­quid­a­tion.

³ In the case of a SICAV, in­vestors have the right to a pro­por­tion­ate share of the pro­ceeds of the li­quid­a­tion. The rights of com­pany share­hold­ers are sub­or­din­ate. In all oth­er re­spects, Art­icles 737 et seq. of the Code of Ob­lig­a­tions¹²⁹ ap­ply.