opportunities and risks

The opportunities provided by klimaVest

  • 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
  • IIssue and redemption of units generally on any trading day without notice period1 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 risks of klimaVest

  • 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 units1
  • 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 in the downloads in the information memorandum and in the klimaVest key information document.

1Redemption terms for KLV100:
No notice period or minimum holding period for redemptions of up to 500,000 euros; 12 months
Notice period for redemptions exceeding 500,000 euros per annum; possible redemption restrictions due to insufficient liquidity; The total amount of redemptions on any valuation day is limited to 50 per cent of the fund’s liquid assets.
Redemption terms for KLV200:
Redemption of units on each valuation day following a 12-month notice period; possible redemption restrictions due to insufficient liquidity; the total amount of redemptions on any valuation day is limited to 50 per cent of the fund’s liquid assets.