Ordinance on Collective Investment Schemes

(Art. 26 para. 3 CISA)

¹In par­tic­u­lar, the fund con­tract con­tains the fol­low­ing in­form­a­tion:

a.

the name of the in­vest­ment fund, to­geth­er with the name and re­gistered of­fice of the fund man­age­ment com­pany, the cus­todi­an bank and the as­set man­ager of col­lect­ive in­vest­ment schemes;

b.

in­vestor eli­gib­il­ity;

c.

the in­vest­ment policy, in­vest­ment tech­niques, risk di­ver­si­fic­a­tion and the risks as­so­ci­ated with the in­vest­ment;

d.

the sub­di­vi­sion in­to sub­funds;

e.

the unit classes;

f.

in­vestors' right to can­cel;

g.

the ac­count­ing year;

h.

the cal­cu­la­tion of the net as­set value and of the is­sue and re­demp­tion prices;

i.

the ap­pro­pri­ation of net in­come and cap­it­al gains from the sale of as­sets and rights;

j.

the type, amount and cal­cu­la­tion of all fees, the is­sue and re­demp­tion com­mis­sion to­geth­er with the in­cid­ent­al costs for the pur­chase and sale of the in­vest­ments (broker­age fees, charges, du­ties) that may be charged to the fund's as­sets or to the in­vestors;

k.

the dur­a­tion of the con­tract and the con­di­tions of dis­sol­u­tion;

l.

the me­dia of pub­lic­a­tion;

m.

the con­di­tions for the de­fer­ment of re­demp­tion and com­puls­ory re­demp­tion;

n.

the loc­a­tions at which the fund con­tract, pro­spect­us, key in­vestor in­form­a­tion doc­u­ment and sim­pli­fied pro­spect­us, to­geth­er with the an­nu­al and semi-an­nu­al re­ports, may be ob­tained free of charge;

o.

the unit of ac­count;

p.

the re­struc­tur­ing.

²When ap­prov­ing the fund con­tract, FINMA shall only veri­fy the pro­vi­sions pur­su­ant to para­graph 1 lit. a-g and en­sure their com­pli­ance with the Act.

³When ap­prov­ing a con­trac­tu­al fund, FINMA, at the fund man­age­ment com­pany's re­quest, shall veri­fy all pro­vi­sions of the fund con­tract and en­sure their com­pli­ance with the Act where the fund is to be dis­trib­uted abroad and such ac­tion is re­quired un­der for­eign law.

⁴FINMA may form­al­ise the con­tent of the fund con­tract in ac­cord­ance with in­ter­na­tion­al de­vel­op­ments.