Ordinance on Collective Investment Schemes

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.


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Art. 61 SICAV with share classes

(Art. 40 para. 4 and 78 para. 3 CISA)

1Where provided by the art­icles of as­so­ci­ation, a SICAV may cre­ate, dis­solve or merge share classes with the ap­prov­al of FINMA.

2Art­icle 40 ap­plies ac­cord­ingly. The mer­ger re­quires the ap­prov­al of the gen­er­al meet­ing of share­hold­ers.

3The risk that a class of shares may be li­able for an­oth­er class must be dis­closed in the pro­spect­us.

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