SIFEM - Swiss Investment Fund for Emerging Markets


SIFEM invests in developing and emerging countries, i.e countries whose GNI per capita is below a set threshold (USD 7,065 per capita in 2021) as defined by the International Bank for Reconstruction and Development - which is part of the World Bank Group. The partner countries of the Swiss Agency for Development and Cooperation (SDC) and the State Secretariat for Economic Affairs (SECO) are given a priority status. At least 60% of SIFEM's investment volume in any year must be allocated to these priority countries. In cases of regional or global funds, the geographical criteria is fulfilled if at least 50% of the fund or financial institution investment is made in the priority countries.