(Art. 36 para. 1b CISA; Arts. 68, 70, 86 and 99 CISO37)
The annual accounts of a SICAV comprise the annual accounts relating to the individual pools of investor assets (sub-funds) and the annual accounts relating to the shareholders’ assets, and the overall accounts of the SICAV.
The annual accounts disclose the permitted investments pursuant to Articles 70, 86 and 99 CISO in respect of the investors’ assets.
In respect of the shareholders’ assets, the annual accounts disclose the following:
permitted investments within the meaning of paragraph 2 and the movable, immovable and intangible assets essential for immediate business operations of the SICAV;
the permitted liabilities.
Short-term liabilities and liabilities secured by mortgage, entered into in connection with the SICAV’s immediate business operations, are permitted.
The annual accounts relating to one or more selected pools of investor assets may only be published together with the overall accounts of the SICAV.
The annual accounts form part of the annual report, which replace the business report under the CO38. A management report and a cash flow statement are not required.