Art. 82

(Art. 57 CISA)

1. The fund management company and the SICAV may invest a maximum of 20 per cent of the fund's assets in securities or money market instruments from the same issuer if:
   1. the fund regulations provide for the tracking of an index of equity or debt securities which is recognized by FINMA (index funds); and
   2. the index is sufficiently diversified, representative of the market to which it relates, and is published in an appropriate manner.
2. The limit is increased to 35 per cent for any securities or money market instruments from the same issuer where such instruments strongly dominate regulated markets. This exemption only applies in relation to a single issuer.
3. The investments defined in this article are not considered when observing the limit of 40 per cent defined in Article 78 paragraph 2.