(Art. 40 para. 4 and 78 para. 3 CISA)
- Where provided by the articles of association, a SICAV may create, dissolve or merge share classes with the approval of FINMA.
- Article 40 applies accordingly. The merger requires the approval of the general meeting of shareholders.
- The risk that a class of shares may be liable for another class must be disclosed in the prospectus.