Equity investments in banking, securities and other financial entities below 20% of the investee's capital must be risk-weighted at a minimum risk-weight of 100% for listed entities and 150% for unlisted entities (see CM-4.9 where an investment below 20% of the investee's capital may exceed 15% of the reporting bank's capital base — "Qualifying holdings" — the excess of such individual holdings must be deducted and there is an additional aggregate limit for such holdings).