Art. 84

(Art. 57 para. 2 CISA)

1. Neither the fund management company nor the SICAV may acquire equity securities representing more than 10 per cent of the overall voting rights in a company or which would enable it to exert a material influence on the management of an issuing company.
2. FINMA may grant an exception provided the fund management company or the SICAV provides evidence that it does not exert a material influence.
3. The fund management company and the SICAV may acquire the following on behalf of the fund assets:
   1. up to 10 per cent of the non-voting equity paper, debt instruments or money market instruments of the same issuer;
   2. up to 25 per cent of the units in other collective investment schemes which meets the requirements specified in Article 73.
4. The limit defined in paragraph 3 does not apply if, at the time of acquisition, the gross amount of the debt instruments, the money market instruments or the units in other collective investment schemes cannot be calculated.
5. The limits defined in paragraphs 1 and 3 do not apply to securities and money market instruments which are issued or guaranteed by a country or public body belonging to the OECD or by international public bodies of which Switzerland or a member state of the European Union is a member.