Legal Documents

IIV Mikrofinanzfonds

Fund Data

Fund NameIIV Mikrofinanzfonds
Fund TypePublic AIF (microfinance fund according to §222 KAGB)
Fund CurrencyEUR (currency hedged)
Investment InstrumentsUnsecuritized loan receivables
Performance FeeNone
PurchasesMonthly, up to the 20th calendar day of each month
SalesQuarterly, until February 20, May 20, August 20 and November 20.
Price CalculationMonthly
Valuation DateEnd of month
Use of IncomeDistributing (annually)
Launch DateOctober 10, 2011
Class R Class I
Minimum InvestmentNoneEUR 30,000
Entry Feemax. 3 %max. 1 %
Custodian Fee ¹0.05 % p.a.0.05 % p.a.
Management Fee ²1.40 % p.a.0.90 % p.a.
Total Expense Ratio (TER)1.96 % p.a.1.45 % p.a.
WKNA1H44TA1H44S
ISINDE000A1H44T1DE000A1H44S3
Portfolio ManagerInvest in Visions GmbH
Capital Management Company (KVG)HANSAINVEST Hanseatische Investment-GmbH

Fund Name

IIV Mikrofinanzfonds

Fund Type

Public AIF (microfinance fund according to §222 KAGB)

Fund Currency

EUR (currency hedged)

Investment Instruments

Unsecuritized loan receivables

Performance Fee

None

Purchases

Monthly, up to the 20th calendar day of each month

Sales

Quarterly, until February 20, May 20, August 20 and November 20.

Price Calculation

Monthly

Valuation Date

End of month

Use of Income

Distributing (annually)

Launch Date

October 10, 2011

Class R

Class I

Minimum Investment

None

EUR 30,000

Entry Fee

max. 3 %

max. 1 %

Custodian Fee ¹

0.05 % p.a.

0.05 % p.a.

Management Fee ²

1.40 % p.a.

0.90 % p.a.

Total Expense Ratio (TER)

1.96 % p.a.

1.45 % p.a.

WKN

A1H44T

A1H44S

ISIN

DE000A1H44T1

DE000A1H44S3

Portfolio Manager

Invest in Visions GmbH

Capital Management Company (KVG)

HANSAINVEST Hanseatische Investment-GmbH

  • 1 Included in TER
  • 2 Can be up to 1.8 %
  • 3 As of September 30, 2023