klimaVest Opportunities and risks

Invest conveniently and easily in primarily environmentally sustainable assets in the infrastructure sector
Broad risk diversification across different countries, locations, asset classes (e.g. energy generation, energy transmission, transport and mobility) and within the asset classes (e.g. onshore and offshore wind power, photovoltaics) is aimed for
Possible participation in state-regulated feed-in tariffs for electricity from renewable energies
Issue and redemption of units generally on any trading day without notice period⁷ via the fund company
Opportunity to achieve stable returns while making a positive contribution to climate protection and adaptation to climate change
Professional asset and fund management
Many years of experience of the Commerz Real Group in the field of renewable energies
Independence from short-term fluctuations on the stock market

The value of infrastructure investments and liquidity investments may fluctuate
Specific risks associated with investments in renewable energy (e.g. wind, solar radiation, general climate changes, technology, transmission by cable)
Despite extensive currency hedging, a residual currency risk remains
Distributions may not materialize
Certain conditions apply to the redemption of units⁷
The limited tradability of illiquid real asset investments harbours the risk of a temporary suspension of unit certificate redemption or even an orderly dissolution of the fund in the event of liquidity bottlenecks
Subsequent changes may be made to the feed-in tariff by the government at the expense of investors
Changes to the legal requirements may mean that the fund's assets no longer meet regulatory requirements and may subsequently have to be sold at a loss
Construction and development risks for infrastructure projects, such as fluctuations in the price of construction materials

Detailed information on the risks can be found under Downloads in the Information Memorandum and in the klimaVest Key Information Document.