1.

An ELTIF may borrow cash provided that such borrowing fulfils all of the following conditions: it represents no more than 30 % of the value of the capital of the ELTIF; it serves the purpose of investing in eligible investment assets, except for loans referred to in point (c) of Article 10, provided that the holdings in cash or cash equivalents of the ELTIF are not sufficient to make the investment concerned; it is contracted in the same currency as the assets to be acquired with the borrowed cash; it has a maturity no longer than the life of the ELTIF; it encumbers assets that represent no more than 30 % of the value of the capital of the ELTIF.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-30 · Text as adopted (Official Journal); later amendments are not incorporated in this text.