Features
2.1 Specific features in brief
In short, the characteristics of Innexto Sicav Sif – Asset Management can be summarised as follows:
- It is for well-informed investors;
- There are no restrictions on assets;
- The diversification of the risk is at the maximum of 30% in securities of the same issuer/project;
- It is subject to the supervision of the CSSF (Commission for the Supervision of the Financial Sector);
- The annual report is provided for to the CSSF;
- It has the European passport;
- The quotation is possible;
- It has shares of fixed and/or variable capital;
- It has segregated assets;
- It carries out audited reports;
- It is subject to treaties to prevent double taxation;
- There are no income taxes;
- The subscription fee is equal to the 0.01% of the NAV;
- There is no withholding tax;
- There are no taxes on net assets;
- VAT exemption is provided for on management services.
2.2 Between Sicav Sif and Advisor
Innexto Sicav Sif – Asset Management has developed two sectors for investors:
PE PRIVATE EQUITY
- ISIN: LU1557134290
- COMMON COD: 155713429
- CUSTODIAN BANK: Banque Internationale du Luxembourg (BIL)
- BIC/SWIFT: BILLLULL
- IBAN: LU93 0021 8101 1834 7800
PB PRIVATE DEBT
- ISIN: LU1557134530
- COMMON COD: 155713453
- CUSTODIAN BANK: Banque Internationale du Luxembourg (BIL)
- BIC/SWIFT: billlull
- IBAN: LU44 0027 1101 4206 8700
DEPOSITARY BANK
Banque International à Luxembourg S.A. (BIL)
POLICY OFFICER
European Fund Administration S.A. (EFA)
STATUTORY AUDITOR
Ernst & Young Luxembourg S.A.
Both are aimed at institutional and private well informed investors and they are structured in compliance with the specific compliance constraints of the individual segments.
The risk management policy follows closely the requirements of risk/profitability which satisfies investors. Thanks to the flexibility of the SIF, which is characterised by a structure with multiple sectors, it can also define different management policies, with the option of generating significantly better efficiency in the same period of investment.
Innexto Sicav Sif – Asset Management works in close collaboration with the Advisory structures responsible for identifying investment opportunities.
Strict selection criteria and the support of highly qualified staff help identify opportunities for growth in the real economy. The advisor has the entry point role of the investment operations that are submitted to the approval of the Board of Directors of Innexto Sicav Sif – Asset Management.
The Advisor evaluates the operations in the investigating phase preparing a detailed analysis of the opportunity/risk identifying the transaction pricing trend. If the transaction is approved by the Board, it will carry out the phases of execution of the operation.
Innexto Sicav Sif – Asset Management will invest instruments like bonds and shares related to the investment projects followed directly by the Advisor, who in time guarantees the payment flows that generate the yield structure.