CH – The new Swiss fund category L-QIF is available

16/04/2024

Since 1 March 2024, a new Swiss fund category, the Limited Qualified Investor Fund (L-QIF), is available to qualified investors.

On this date, the associated amendment to the Collective Investment Schemes Ordinance entered into force together with the amendment to the Collective Investment Schemes Act.

The L-QIF aims to strengthen the competitiveness of Swiss fund and asset management companies by increasing the number of collective investment schemes launched in Switzerland. The L-QIF is not subject to authorisation or supervision by the Swiss Financial Market Supervisory Authority (FINMA). However, it may only be managed by certain institutions supervised by FINMA.