# CH: Qualified Investors Exemption

This framework is for issuers **targeting professional and institutional investors who are experienced in handling complex financial instruments**.

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### Who Can Invest? <a href="#who-can-invest" id="who-can-invest"></a>

* **Institutional Investors:** Banks, pension funds, insurance companies, and asset managers.
* **High-Net-Worth Individuals (HNWI):** Wealthy individuals who meet specific financial thresholds, such as holding significant assets or demonstrating financial expertise.
* **Professional Clients:** Investors classified as professionals under FINMA regulations, such as advisors or experienced traders.

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### How Much Money Can Be Raised? <a href="#how-much-money-can-be-raised" id="how-much-money-can-be-raised"></a>

* There is **no limit** on the amount you can raise under the Qualified Investors Exemption.

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### Are There Any Restrictions? <a href="#are-there-any-restrictions" id="are-there-any-restrictions"></a>

* Marketing or advertising the offering to retail investors (ordinary people) is prohibited unless a prospectus is prepared and approved.

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### Compliance Notes <a href="#compliance-notes" id="compliance-notes"></a>

* Since qualified investors are considered knowledgeable, the regulatory burden on issuers is reduced.
* You don’t need to file a full prospectus for this exemption, but you must maintain records proving that all investors meet the “qualified investor” criteria.

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### Why Choose Qualified Investors Exemption? <a href="#why-choose-qualified-investors-exemption" id="why-choose-qualified-investors-exemption"></a>

This exemption is ideal for issuers targeting experienced investors who don’t require the same level of protection as retail investors. It allows for quick, flexible fundraising with minimal compliance costs.

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