Transparent fund accounting

Measures for safeguarding transparent fund accounting are implemented on three levels: a) The assets in a collective capital investment scheme are managed separately (insolvency privilege) in order to protect the shareholders; b) The fund management’s own capital must be invested separately by the custodian bank / shareholder (CISA 32). The regulations governing accounting obligations (CISA 87 and Law of Obligations 662ff), the annual report (CISA 89) and auditing (CISA 126ff) ensure that the fund assets are largely transparent for the shareholder.

Term-Nr.: 858

German: Transparente Fondsbuchhaltung (796)

Source: SFO D15 2010 m. e. E., 24.04.2010