What does “qualified investor” status mean?

By law, clients are considered qualified investors if they conclude an asset management agreement with an independent asset manager such as ELVIA e-invest, irrespective of their actual investment experience. Asset managers can offer clients with this status all financial products.
Non-qualified investors are subject to state investor protection, which above all prohibits the advertising of certain products.

Customers can waive their status as “”qualified investors”” and thus increase their investor protection. Since ELVIA e-invest currently only invests in ETFs and does not use any other financial products (e.g. index funds), there are no restrictions in the investment as a result of this waiver.

We must explicitly ask investors for a waiver and cannot make this decision ourselves in advance as an asset manager.