Art. 74

(Art. 54 para. 1 CISA)

1. The fund management company and the SICAV may acquire money market instruments if these are liquid and can be valued and are traded on a stock exchange or other regulated market that is open to the public.
2. Money market instruments that are not traded on a stock exchange or other regulated market that is open to the public may only be acquired if the issue or the issuer is subject to provisions regarding creditor or investor protection and if the money market instruments are issued or guaranteed by:
   1. the Swiss National Bank;
   2. the central bank of a member state of the European Union;
   3. the European Central Bank;
   4. the European Union;
   5. the European Investment Bank;
   6. the Organisation for Economic Cooperation and Development (OECD);
   7. another state including its constituent parts;
   8. a public international body of which Switzerland or at least one member state of the European Union is a member;
   9. a public body;
   10. a company whose securities are traded on a stock exchange or other regulated market open to the public;
   11. ¹ a bank, securities firm or other institution that is subject to supervision equivalent to that in Switzerland.