Finance and Funds

Tetralogy of fund characteristics

0783-en RE430 Financial Market Law As of 11.07.2026


Four essential characteristics describe the core of the fund type, as outlined already by the old Investment Funds Act and defined today in Art. 7 CISA: capital investment, the collective character of the investors, the principle of risk diversification, and external management (fiduciary administration by the fund management company).

Deutsch

Tetralogie der Wesensmerkmale von Fonds 0783-de

Vier Wesensmerkmale beschreiben den Fondstyp im Kern, wie ihn schon das alte Anlagefondsgesetz umschrieb und heute Art. 7 KAG definiert: Kapitalanlage, Gemeinschaftlichkeit der Anleger, Grundsatz der Risikoverteilung und Fremdverwaltung (treuhänderische Verwaltung durch die Fondsleitung).

Suggested citation

Tetralogy of fund characteristics (0783-en), in: LAWPEDIA®-Glossar, provided by LAWCONSULT AG, www.lawconsult.ch/lawpedia/en/tetralogy-of-fund-characteristics, as of: 11.07.2026 [accessed on ].

The entries in the LAWPEDIA® glossary serve general information purposes and do not constitute legal advice. Despite careful preparation, LAWCONSULT AG accepts no liability for the accuracy, completeness or timeliness of the information.

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