Art. 83

(Art. 57 para. 1 CISA)

1. The fund management company and the SICAV may invest up to 35 per cent of the fund's assets in securities or money market instruments of the same issuer provided such instruments are issued or guaranteed by:
   1. an OECD member country;
   2. a public body from the OECD;
   3. a public international body of which Switzerland or a member state of the European Union is a member.
2. Subject to the approval of FINMA, they may invest up to 100 per cent of the fund's assets in securities or money market instruments of the same issuer. In such event the following rules must be observed:
   1. the investments are spread across securities or money market instruments from at least six different issues;
   2. up to 30 per cent of the fund's assets are invested in securities and money market instruments of the same issue;
   3. reference is made in the prospectus and in the advertising material to the specific approval of FINMA; the issuers in which more than 35 per cent of the fund's assets are invested are also listed therein;
   4. the fund regulations include a listing of the issuers in which more than 35 per cent of the fund's assets may be invested, together with the corresponding guarantors.
3. Provided the protection of investors is not endangered, FINMA grants authorisation.
4. The investments defined in this article are not considered when observing the limit of 40 per cent defined in Article 78 paragraph 2.