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Art. 81 Overall limits
(Art. 57 CISA) 1 Investments, deposits and claims in accordance with Articles 78–80 from the same issuer may not exceed 20 per cent of the fund's overall assets. 2 Investments and money market instruments in accordance with Article 78 from the same group of companies may not exceed 20 per cent of the fund's overall assets. 3 The limits defined in Articles 78–80 and 83 paragraph 1 may not be accumulated. 4 In the case of umbrella funds, these limits apply to each individual subfund. 5 Companies which form a group in accordance with international accounting regulations are deemed to be a single issuer. |