Art. 100

(Art. 70 para. 2 and 71 para. 2 CISA)

1. Other funds for traditional investments may:
   1. raise loans for an amount not exceeding 25 per cent of the fund's net assets;
   2. ¹ pledge or cede as collateral no more than 60 per cent of the fund's net assets;
   3. commit to an overall exposure of up to 225 per cent of the fund's net assets;
   4. engage in short-selling.
2. Other funds for alternative investments may:
   1. raise loans for an amount not exceeding 50 per cent of the fund's net assets;
   2. ² pledge or cede as collateral no more than 100 per cent of the fund's net assets;
   3. commit to an overall exposure of up to 600 per cent of the fund's net assets;
   4. engage in short-selling.
3. The investment restrictions shall be set out explicitly in the fund regulations. Such regulations shall also govern the nature and scale of short-selling permitted.