The investments permitted for the L-QIF must be set out in the following documents:
in the case of an L-QIF in the legal form of a contractual fund: in the fund contract;
in the case of an L-QIF in the legal form of a SICAV: in the investment regulations;
in the case of an L-QIF in the form of an LPCI: in the partnership agreement.
If the L-QIF invests in alternative investments, reference must be made to the particular risks associated with these investments in the designation, in the documents in accordance with paragraph 1 and in the advertising material.
The Federal Council shall regulate investment provisions and investment restrictions.
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