The investment company with variable capital (OEIC) is a company with capital that is not determined in advance and with a number of company and investor shares that are not specified in advance, and whose sole purpose is to operate as a collective investment scheme and for whose debts only the company’s assets are liable.
The structure of the OEIC is presented as follows:
- Company limited by shares based on that in the Swiss Code of Obligations
- Own legal personality
- Total assets
- Assets of the company shareholders
- (Several) segments of investor shares
- Type of shares
- Company shares
- Investor shares
- Executive bodies
- Annual General Meeting (AGM)
- Board of Directors (BoD)
- Auditors approved by FINMA
- Type of management
- Self-managed OEICs
- Externally managed OEICs
