Art. 78

(Art. 57 CISA)

1. Including the derivative financial instruments, the fund management company and the SICAV may invest up to 10 per cent of the fund's assets in securities or money market instruments of the same issuer.
2. The total value of the securities and money market instruments of the issuers in which more than 5 per cent of the fund's assets are invested may not exceed 40 per cent of the fund's assets. This limit does not apply to sight or time deposits as defined in Article 79 or to transactions in OTC derivatives as defined in Article 80, to which the counterparty is a bank as defined in Article 70 paragraph 1e .