The fund for renewable energy Invest in infinity
ISIN: LU2183939003, WKN: KLV100
klimaVest in figures
Invest in klimaVest digitally or with a personal advise
Decide which route suits you best.
Please note: Our digital subscription process to invest is recently only available in german language.
Or personal advice from your financial institution?
Ask one of our sales partners for a personal advise on klimaVest and buy klimaVest through your custody account with them. With a personal advise, you can currently purchase klimaVest from Commerzbank, BW-Bank / LBBW as well as selected Sparkasse branches, Volksbank branches and Raiffeisenbank branches.
FAQs
Who can invest in klimaVest?
The units of the fund are distributed to professional investors, semi-professional investors and private investors as defined by Section 1(19) Nos. 31, 32 and 33 of the German Investment Code (KAGB), which meet the requirements of a qualified investor.
This makes klimaVest one of the first ELTIFs for private investors. An investment consultation (adequacy and suitability assessment) and a minimum investment amount of 10,000 euros, which may not amount to more than 10% of the investable private assets, are required to invest.
Why is the investment tied to criteria?
The ELTIF (European Long-Term Investment Fund) is a relatively new investment framework that appliesacross the EU. It allows investors to invest funds in projects and companies that rely on a long-term cash flow. In order to protect investors and companies, fund managers must comply with strict requirements when issuing ELTIFs.
ELTIFs are intended to make illiquid investments accessible to private investors – e.g. in the form of sustainable infrastructure tangible assets such as wind farms or solar plants, which are also represented in the klimaVest portfolio.
The focus is on transparency and protection for investors: Due to the illiquidity and the long-term nature of the funds, the minimum investment amount is 10,000 euros. At the same time, the investment sum may not exceed 10% of the respective investable assets. This means that only a small part of the assets is tied up in the long term.
ELTIFs, and therefore also klimaVest, are performing a balancing act: the legislators aimed to cover the stability requirements for the long-term financing of future-proof tangible assets, while ensuring that the liquidity requirements of private (small) investors are taken into account.
Anyone who wishes to invest in an ELTIF as a private investor must first participate in a legally prescribed investment consultation to ensure they are protected. Whether an ELTIF such as klimaVest is suitable as an investment product is included in the consultation in the form of an appropriateness assessment.
Are there termination and minimum retention periods?
For amounts up to 500,000 euros, no termination or minimum holding periods apply , investors can return their units on any stock exchange trading day. For redemptions in excess of 500,000 euros, a notice period of 12 months applies.
How are the costs broken down?
The total expense ratio consists of fund management costs (max. 1.8% p.a.) and custody fees (max. 0.025% p.a.). When you buy your klimaVest units, a one-off initial charge of max. 5% will also be charged.
What do I need to invest digitally?
With the klimaVest subscription path, you can purchase an investment product that requires advice completely digitally for the first time.
Please allow some time for this– the digital subscription path takes approx. 10 to 15 minutes.
Please have your custody account details (if available) and your identity card ready for subscribing to the units and for authentication.
Use your e-mail address and optionally assign a password to create a personal account. This means that you can continue the process at a later timeor simply buy more klimaVest units in the future.
r.l. ²Last updated: 30/04/23 - 30/04/24 Calculated using the BVI method (excluding initial charge, distribution reinvested immediately). Past performance and target return statements as well as statements on the planned profit distribution are not indicative of future returns.
³The calculation refers to the current fund portfolio of renewable energy generation investments.
⁴The overall risk indicator shows how likely it is for investors to lose money on this product because the markets are developing in a certain way or the fund is unable to pay out to the investor. This product has been classified in risk class 4, on a scale of 1 (lowest risk class) and 7 (highest risk class), as the risk of potential losses from future performance is rated as medium. Under adverse market conditions, it is likely that the fund’s ability to pay out to investors will be adversely affected.
⁵No notice period or minimum holding period for redemptions up to 500,000 euros; 12-month notice period for redemptions > 500,000 euros p.a.; redemptions may be restricted due to insufficient liquidity; total redemption amount at each redemption date limited to 50% of the fund’s liquidity portfolio