Definition of Qualified Investor

Definition of Qualified Investor as per Art. 10 CISA, the Swiss Federal Act on Collective Investment Schemes:

Paragraph 3

  • regulated financial intermediaries such as banks, securities traders, fund management companies and asset managers of collective investment schemes, as well as central banks;
  • regulated insurance institutions;
  • public entities and retirement benefits institutions with professional treasury operations;
  • companies with professional treasury operations;

Paragraph 3bis

High-net-worth individuals may declare in writing that they wish to be deemed qualified investors. In addition, the Federal Council may make such persons’ suitability as qualified investors dependent on certain conditions, specifically technical qualifications.

Paragraph 3ter

Investors who have concluded a written discretionary management agreement as defined in Article 3 Paragraph 2b and c are deemed qualified investors