DE

Timo Werner

Investment concept The klimaVest strategy

With its investment concept, klimaVest pursues the goal of generating attractive risk-adjusted returns¹ with the help of long-term investments as defined by the ELTIF Regulation.

The fund’s strategy aims to contribute in a transparent and measurable manner to achieving the environmental objectives of “climate change mitigation” and “climate change adaptation” as set out in the Taxonomy Regulation.

A sustainable climate footprint promotes the sustainable success of the klimaVest investment concept.

"With klimaVest, we have achieved something that does not yet exist on the market:

access for private investors to long-term physical asset and infrastructure investments that were previously generally reserved for large institutional investors."
klimaVest Fondsmanager Timo Werner
Timo Werner
klimaVest fund manager

"With klimaVest, we have achieved something that does not yet exist on the market:

access for private investors to long-term physical asset and infrastructure investments that were previously generally reserved for large institutional investors."

The principle

Die Grafik zeigt das Prinzip, wie klimaVest funktioniert
*Calculated using the BVI method (excluding initial charge, distributions reinvested immediately.). Past performance and target return statements are not indicative of future returns.

In addition to its liquidity portfolio, the fund invests in assets and companies in the infrastructure segment.

  • It is based on a broad portfolio of physical assets for sustainable energy generation, such as photovoltaic power plants or wind farms (onshore/offshore).
  • The electricity generated is ultimately sold to companies with strong credit ratings on the electricity market, via government-regulated remuneration systems or by means of power purchase agreements.
  • Electricity from renewable energy displaces other electricity produced from fossil fuels through the feed-in priority.
  • Thanks to fixed purchase agreements, the fund benefits from stable and predictable cash flows over many years.
  • The fund offers investors attractive risk-adjusted earnings opportunities.¹

According to this principle, with klimaVest, the full effect of its capital is realised in the real economy and promotes the expansion of renewable energies.

In this way, the fund takes advantage of the investment opportunities of a future-proof market segment and at the same time makes measurable contributions as part of an environmentally friendly energy transition.

Facts and figures

klimaVest in the magic square of investments

With klimaVest, the classic model of evaluating a financial product using the three dimensions of profitability, liquidity and security³ is extended by a fourth dimension: sustainability.

Profitability

Investment in a future-proof asset class

The portfolio focuses on investments in wind farms and solar parks. These types of energy generation are based on established and readily calculated technologies that provide long-term predictable cash flows.

Liquidity

Redemption of units on any trading day

The klimaVest portfolio consists primarily of physical assets – with material intrinsic value, specially generated income and largely independent of the fluctuations typical of the stock market.

A special advantage of klimaVest over traditional physical assets is that the fund enables its investors to redeem their units on any trading day – up to 500,000 euros, free of notice periods and without a minimum holding period.²

Security³

Wide-ranging diversification

The regenerative energy generation segment is still underrepresented in many private investors’ portfolios. This means that the asset class in itself ensures broader diversification.

klimaVest offers additional diversification via:

  • 43 assets⁵ in economically stable regions in 5 EU countries⁵
  • Multiple usage types such as solar power and on/offshore wind farms
  • Various remuneration structures such as EEG or long-term energy purchase agreements with companies with strong credit ratings (including Google, Shell, BP)
  • Numerous partner companies in the technical areas of system manufacture and operations management

Sustainability

Climate change mitigation through CO₂ avoidance

Predictable returns on sustainable physical assets with a direct, measurable impact – that is the foundation of klimaVest.

In the long term, the fund portfolio will be expanded to include projects from the secondary target sectors: from sustainable infrastructure to mobility and forestry. For new return opportunities, more diversification and even greater impact.

klimaVest’s target sectors

Die Grafik zeigt die verschiedenen Zielbranchen, in die klimaVest investieren kann

Primary target industries:

Renewable energy

  • Wind power (onshore/offshore)
  • Photovoltaic power
  • Hydroelectric power

Secondary target industries

Sustainable infrastructure

  • Sustainable forestry
  • Transmission and distribution networks
  • Storage technology
  • Low-emission transport and electromobility

Investment parameters

Portfolio diversification Max. 10% of the net asset value per investment asset
Investment focus Acquisition of assets in high-growth and stable economic regions
Conservative debt financing On average 60% debt capital at asset level; max. 30% debt capital at fund level
 Limited growth risk Proactive hedging strategy, min. 65% of the fund is currency hedged
ESG criteria A minimum proportion (75%) of sustainable investments are made with an environmental objective⁶

Investment parameters

Minimum investment amount Min. 10,000 euros, max. 10% of liquid assets
Unit issues Daily unit issue at current net asset value
Unit redemptions Daily redemption of units at current net asset value; no notice period or minimum holding period for redemptions up to 500,000 euros; 12-month notice period for redemptions > 500,000 euros p.a.; possible redemption restriction due to insufficient liquidity; total redemption amount at each redemption date limited to 50% of the fund’s liquidity portfolio
Estimated total expense ratio for financial year 2022/23⁴ 1.30 %
 Initial charge up to 5%

Ein Vater mit seinem Sohn an einem Ufer, die auf das Meer blicken

The future in your hands

Invest now

¹Calculated using the BVI method (excluding initial charge; distributions reinvested immediately). Past performance and target return statements and planned profit distributions are not indicative of future returns.

²Daily redemption of shares at current net asset value; no 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.

³The terminology from the so-called magic triangle or square of financial investments is cited, but this is not intended to express that klimaVest is a secure investment. An overview of the opportunities and risks of klimaVest can be found here.

⁴Includes estimated costs (excluding transaction/management/maintenance costs and financing and administration costs for investments in physical assets and associated companies). This cost estimate does not meet the requirements for a MiFID regulatory cost statement, which you will receive in time before the order is executed.

⁵ Transfer of benefits and encumbrances for the five Swedish photovoltaic project developments of Helios Nordic Energy has not yet taken place.
⁶ of the fixed assets, i.e. the eligible assets pursuant to Article 9 (1) a) and 10 of the ELTIF Regulation (the "Fixed Assets").