Team

CEO

Thomas Wiegelmann

Axel Gauss

Axel Frein

Steffen Kern

Artur Kampik

Markus Buchmann

Marin Arapovic

Thomas Hunger

Bernd Bäume

Markus Herzinger

Johannes Haasz

Matthias Schoth

CEO

Thomas Wiegelmann

Thomas Wiegelmann is a member of the Management Board of LeanVal Asset Management AG. Before assuming responsibility at LeanVal Asset Management AG in 2006, he held management positions at Baader Bank AG and other financial service providers. He graduated from Rhein Main University of Applied Sciences in 1993.

Email:Thomas.Wiegelmann@lvam.de

Phone:+49 69 9494 88 011

Axel Gauss

Axel Gauss is an authorized signatory of LeanVal Asset Management AG and Head of Portfolio Management. Before joining the company in 2011, Mr. Gauss studied International Financial Management at Nürtingen-Geislingen University and in South Korea, graduating with a Bachelor of Science. Axel Gauss is a Chartered Alternative Investment Analyst (CAIA).

Email:Axel.Gauss@lvam.de

Phone:+49 69 9494 88 022

Axel Frein

Axel Frein joined LeanVal Asset Management AG in January 2023 and heads the Institutional Clients division. He has more than 30 years of experience in banking and capital markets in leading positions. He was Head of Treasury and Stock Exchange Trading at Westfalenbank AG until 2002. He then headed the Institutional Direct Business at Bankhaus Lampe as Managing Director for several years. In the meantime, he was CEO of the private customer bank Valovis Commercial AG. Most recently, he worked for a consulting firm specializing in private equity investments for institutional clients as well as banks and savings banks.

Email:Axel.Frein@lvam.de

Phone:+49 69 9494 88 045

Steffen Kern

Steffen Kern is General Representative of LeanVal Asset Management AG and Head of Volatility Portfolio Management. Mr. Kern has been with the company since 2008, previously working at LBBW Asset Management GmbH. Mr. Kern studied business administration with specialization in banking and stock exchange in Stuttgart and graduated with distinction as Diplom-Betriebswirt (BA).

Email:Steffen.Kern@lvam.de

Phone:+49 69 9494 88 021

Artur Kampik

Artur Kampik is responsible for equity investments at LeanVal Asset Management. He is co-founder and managing partner of LeanVal Invest GmbH. Mr. Kampik is a recognized expert in capital markets analysis, asset allocation issues, stock selection and risk management.
In his 20 years of professional experience, he held various management positions at Bankhaus Reuschel, Sal. Oppenheim and Bank Vontobel (Europe) in the area of wealth and asset management. He studied business administration in Munich, Madrid and London and is a CFA Charterholder.

Email:artur.kampik@lvam.de

Phone:+49 69 9494 88 051

Markus Buchmann

Markus Buchmann is the portfolio manager of the Gamma Plus fund strategy. Prior to joining LeanVal Asset Management AG, he worked in equity derivatives trading and portfolio management at various banks and brokerage houses in Frankfurt since 1999. His main focus was on the development and implementation of trading strategies using derivatives, especially in the area of options. He is a financial and investment economist and has also been a certified Eurex trader since 2000.

Email:Markus.Buchmann@lvam.de

Phone:+49 69 9494 88 024

Mobil:+49 177 6030 497

Marin Arapovic

Marin Arapovic joined LeanVal Asset Management AG in 2021 to work in portfolio management. Prior to joining the company, he worked at HQ Trust as an investment consultant providing investment services to institutional investors. Prior to that, he worked at Lazard Asset Management (Germany) GmbH. He has a BSc. in Economics from Goethe University Frankfurt and an MSc. in Management with a focus on Asset Management and Derivatives from Johannes Gutenberg University Mainz. He is also a CFA Charterholder and member of the CFA Society Germany.

Email:Marin.Arapovic@lvam.de

Phone:+49 69 9494 88 025

Thomas Hunger

Thomas Hunger was an employee in various departments of LeanVal Asset Management AG from 1999 until the beginning of 2008. After working at Deutsche Bank in the Hedge Fund Investments segment in 2008 and 2009, he returned to LeanVal Asset Management AG in early 2010. Thomas Hunger is responsible for relationship management and the expansion and maintenance of customer relationships. Mr. Hunger studied at the University of Applied Sciences in Friedberg and is a Dipl. Industrial Engineer (FH).

Email:Thomas.Hunger@lvam.de

Phone:+49 69 9494 88 041

Bernd Bäume

Bernd Bäume joined LeanVal Asset Management AG as Director Institutional Clients in January 2023. He has decades of experience in the capital markets business. Until 2003, he held a leading position at the former Activest Investmentgesellschaft within the HVB Group as Key Account Manager responsible for the securities special funds business. He then moved to Bankhaus Lampe as a director, where he was primarily responsible for asset management acquisitions for institutional clients as well as banks and savings banks. Until 2022, he was a senior consultant for a financial services company specializing in alternative investments.

Email:Bernd.Baeume@lvam.de

Phone:+49 69 9494 88 043

Markus Herzinger

Markus Herzinger was already an employee of LeanVal Asset Management AG from 1997 to 2011. After various positions, he returned in 2021 to support LeanVal Asset Management AG in the areas of sales and marketing, as well as regulatory challenges. Mr. Herzinger mainly advises foundations and asset managers in strategic allocation.

Email:Markus.Herzinger@lvam.de

Phone:+49 69 9494 88 042

Johannes Haasz

Johannes Haasz is Head of Risk Management at LeanVal Asset Management AG and is responsible for IT/Organization. Mr. Haasz has been with the company since 2004. He studied business administration and graduated as Diplom-Betriebswirt (BA).

Email:Johannes.Haasz@lvam.de

Phone:+49 69 9494 88 031

Matthias Schoth

Mr. Schoth has been working for the company since 2017. He handles quantitative analysis, historical backtests, and performs programming duties for risk management. He was previously a research associate at the Institute for Nuclear Physics in Mainz for several years, conducting research on neutron polarimeters. Previously, he graduated from the University of Mainz with a degree in physics.

Email:Matthias.Schoth@lvam.de

Phone:+49 69 9494 88 033

Supervisory Board

Prof. Dr. Laurenz Czempiel
Chairman of the supervisory board

Prof. Dr. Laurenz Czempiel

Kai Goehring

Prof. Dr. Peter Schömig

Chairman of the supervisory board

Prof. Dr. Laurenz Czempiel

Prof. Dr. Laurenz Czempiel is Co-Founder and Managing Partner of LeanVal Invest GmbH. He studied economics at the University of California and at the LMU in Munich and was an assistant at the Chair of Monetary Macroeconomics. At Merrill Lynch International Private Banking Group, Prof. Czempiel worked as a financial consultant. After joining Reuschel & Co. in 2004, he became a personally liable partner of the bank and, as a member of the Management Board of DONNER & REUSCHEL AG, was responsible for the Asset Management and Capital Markets divisions from 2008. He is Honorary Professor of Finance and Banking at Munich Business School.

Significant mandates:
– Chairman of the Supervisory Board of LeanVal Asset Management AG, Frankfurt
– Board of Managing Directors Commerzbank Pension-Trust e.V., Frankfurt

Email:lc@leanval.investments

Phone:+49 69 9494 88 052

Kai Goehring

Kai Göhring has been a member of the Supervisory Board of LeanVal Asset Management AG since 2023. He is Managing Director and Head of Legal & Corporate Finance Execution at Baader Bank AG.

Email:info@lvam.de

Phone:+49 69 9494 88 000

Prof. Dr. Peter Schömig

Prof. Dr. Peter Noel Schömig is Co-Founder and Managing Partner of LeanVal Invest GmbH. He has been working for various asset management companies in leading positions for more than 20 years. As an asset manager and buy-side analyst, he has been recognized several times as one of the best buy-side analysts in Europe, both in the prestigious Thomson Extel Survey and by Institutional Investor magazine.
Prof. Dr. Schömig completed his studies in economics in Freiburg im Breisgau. In the context of his dissertation, he dealt with fundamental company valuation against the background of international accounting. He is also a registered financial analyst (CFA™ Charterholder) and author/co-author of various books.
Prof. Dr. Schömig is a specialist in accounting and business valuation and teaches at the FOM Hochschule für Oekonomie & Management. Here he is part of the university’s Department of Economics & Management and is responsible for the Finance & Accounting teaching area. He is also a member of the advisory board of the Institute for Strategic Finance (isf).

Email:ps@leanval.investments

Phone:+49 69 9494 88 053

Welcome to LeanVal Asset Management AG

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Disclaimer

As a visitor to our website, please note the following information. By accessing the lvam.de website, you agree to the content of the following information and confirm that you are a resident of the Federal Republic of Germany. This website of LeanVal Asset Management (LVAM) AG is directed only at persons who are residents of the Federal Republic of Germany. Not eligible for access are all other Internet users, in particular persons residing in the USA¹ or those residing in the Netherlands, Great Britain and Northern Ireland, Canada or Japan. All Internet pages within the website at www.lvam.de are available exclusively in German. The following information is for the private information of the users of this website. This and the following Internet pages are governed exclusively by German law.

The responsible creator for these Internet pages is LeanVal Asset Management AG with its registered office at Bleichstraße 52, 60313 Frankfurt, Germany.

These Internet pages are for information purposes only and in particular do not constitute advertising, recommendations, financial or other advice. They are not an offer or invitation to buy or sell securities or financial instruments.

The sole basis for the acquisition of units in investment funds is the respective valid sales prospectus with the contractual terms and conditions in conjunction with the respective latest audited annual report and the semi-annual report, if such a report is more recent than the latest annual report. These documents can be obtained from the respective management company or custodian bank as well as the paying agents. LVAM AG does not assume any liability for the correctness and completeness of the information provided in these documents.

Investment objectives, experience, risk appetite and financial circumstances of the users of these Internet pages cannot be taken into account.

The securities and other financial instruments presented on these Internet pages may therefore not be suitable as investment instruments for every user. It is possible that the purchase of these instruments may be considered risky. In particular, changes in interest rates and exchange rates may adversely affect the value, price or income of the securities or financial instruments mentioned. Information on performance is always based on past performance. For the forecast of future value and price developments, historical price developments are only an inadequate basis and do not constitute a guarantee. Furthermore, the values and prices shown on these web pages may not represent the price or value available on the relevant market at the time a user wishes to buy or sell a particular security, other financial instrument or currency. Furthermore, the information on these web pages does not take into account values or prices that may differ due to the size of a specific transaction. LVAM AG assumes no responsibility for:

  • the suitability for investors of the securities or other financial instruments presented on the websites,
  • the accounting, economic and tax consequences of an investment in the securities or other financial instruments presented,
  • the future performance of the securities or financial instruments.

It is therefore strongly advised to seek independent advice from investment and tax advisors. By opening these Internet pages and accessing the information contained therein, the user does not become a customer of LAVM AG, nor does LVAM AG thereby incur any obligations or responsibilities vis-à-vis this user, in particular no information contract is concluded between LVAM AG and the user of these Internet pages.

These web pages are based on information from sources that we believe to be reliable. However, no responsibility is assumed for the accuracy, completeness, timeliness or quality and availability at any time of the data and other information provided. Third-party assessments reproduced here do not necessarily represent the opinion of LVAM AG. All price information is displayed with different time delays depending on the selected stock exchange and type of security and is for private use only.

This website may contain hyperlinks to third-party websites, thereby providing access to “third-party content” that has been produced or made available by operators independent of LVAM AG. We have no influence on these Internet sites and provide them merely as an aid to finding other Internet sites. The fact that LVAM AG provides the hyperlink does not constitute a recommendation, authorization, sponsorship or participation by LVAM AG with respect to these Internet pages, their owners or the persons responsible for them. We have not controlled the information, software or products of such websites. Accordingly, LVAM AG assumes no liability for the content of such third-party websites. The respective provider is solely responsible for the content of the linked pages. LVAM AG is not liable for any damages resulting from the use of the information provided.

No liability is accepted for any damage caused by computer viruses when calling up or downloading data or when installing or using software.

LVAM AG expressly reserves the right to change, supplement or delete opinions expressed on these Internet pages, individual websites or the entire operation of the Internet page, including the services, information, properties or functionalities offered, which are accessible within the scope of the intended use of the Internet page, without prior notice, or to discontinue publication temporarily or permanently. LVAM AG assumes no obligation to update or keep current any information contained herein.

Important note on data protection

Insofar as you provide us with personal data such as your name, home or e-mail address, telephone or fax number or other personal data, we will under no circumstances pass this data on to third parties for their use or storage, unless you have consented to this or we are legally obliged to do so. We use your personal data only to perform the services offered and for correspondence with you. To ensure confidentiality, your data is subject to high security and confidentiality standards. We do not share any of this data with other companies for advertising purposes.

Important note on industrial property rights

All brands and trademarks mentioned on the website and protected by LVAM AG or, if applicable, by third parties are subject without restriction to the applicable trademark law and the rights of the respective registered owners. The copyright for published objects created by LVAM AG itself remains solely with LVAM AG. Any duplication or use of objects such as diagrams, sounds or texts in other electronic or printed publications is not permitted without LVAM AG’s agreement. The same applies to third parties insofar as they hold copyrights to the content of the websites. The copying, downloading, distribution and storage of third-party content is not permitted without their express consent.

If sections or individual terms of this statement are not legal or correct, the content or validity of the other parts remain uninfluenced by this fact.

¹ As defined in Regulation S of the United States Securities Act of 1933. This definition specifically includes residents of the United States and U.S. corporations and partnerships.

Disclaimer

As a visitor to our website, please note the following information. By accessing the lvam.de website, you agree to the content of the following information and confirm that you are a resident of the Federal Republic of Germany. This LVAM AG website is directed only at persons who are residents of the Federal Republic of Germany. Not eligible for access are all other Internet users, in particular persons residing in the USA¹ or those residing in the Netherlands, Great Britain and Northern Ireland, Canada or Japan. All Internet pages within the website at www.lvam.de are available exclusively in German. The following information is for the private information of the users of this website. This and the following Internet pages are governed exclusively by German law.

The responsible creator for these Internet pages is LeanVal Asset Management AG with its registered office at Bleichstraße 52, 60313 Frankfurt, Germany.

These Internet pages are for information purposes only and in particular do not constitute advertising, recommendations, financial or other advice. They are not an offer or invitation to buy or sell securities or financial instruments.

The sole basis for the acquisition of units in investment funds is the respective valid sales prospectus with the contractual terms and conditions in conjunction with the respective latest audited annual report and the semi-annual report, if such a report is more recent than the latest annual report. These documents can be obtained from the respective management company or custodian bank as well as the paying agents. LVAM AG does not assume any liability for the correctness and completeness of the information provided in these documents.

Investment objectives, experience, risk appetite and financial circumstances of the users of these Internet pages cannot be taken into account.

The securities and other financial instruments presented on these Internet pages may therefore not be suitable as investment instruments for every user. It is possible that the purchase of these instruments may be considered risky. In particular, changes in interest rates and exchange rates may adversely affect the value, price or income of the securities or financial instruments mentioned. Information on performance is always based on past performance. For the forecast of future value and price developments, historical price developments are only an inadequate basis and do not constitute a guarantee. Furthermore, the values and prices shown on these web pages may not represent the price or value available on the relevant market at the time a user wishes to buy or sell a particular security, other financial instrument or currency. Furthermore, the information on these web pages does not take into account values or prices that may differ due to the size of a specific transaction. LVAM AG assumes no responsibility for:

  • the suitability for investors of the securities or other financial instruments presented on the websites,
  • the accounting, economic and tax consequences of an investment in the securities or other financial instruments presented,
  • the future performance of the securities or financial instruments.

It is therefore strongly advised to seek independent advice from investment and tax advisors. By opening these Internet pages and accessing the information contained therein, the user does not become a customer of LVAM AG, nor does LVAM AG thereby incur any obligations or responsibilities vis-à-vis this user, in particular no information contract is concluded between LVAM AG and the user of these Internet pages.

These web pages are based on information from sources that we believe to be reliable. However, no responsibility is assumed for the accuracy, completeness, timeliness or quality and availability at any time of the data and other information provided. Third-party assessments reproduced here do not necessarily represent the opinion of LVAM AG. All price information is displayed with different time delays depending on the selected stock exchange and type of security and is for private use only.

This website may contain hyperlinks to third-party websites, thereby providing access to “third-party content” that has been produced or made available by operators independent of LVAM AG. We have no influence on these Internet sites and provide them merely as an aid to finding other Internet sites. The fact that LVAM AG provides the hyperlink does not constitute a recommendation, authorization, sponsorship or participation by LVAM AG with respect to these Internet pages, their owners or the persons responsible for them. We have not controlled the information, software or products of such websites. Accordingly, LVAM AG assumes no liability for the content of such third-party websites. The respective provider is solely responsible for the content of the linked pages. LVAM AG is not liable for any damages resulting from the use of the information provided.

No liability is accepted for any damage caused by computer viruses when calling up or downloading data or when installing or using software.

LVAM AG expressly reserves the right to change, supplement or delete opinions expressed on these Internet pages, individual websites or the entire operation of the Internet page, including the services, information, properties or functionalities offered, which are accessible within the scope of the intended use of the Internet page, without prior notice, or to discontinue publication temporarily or permanently. LVAM AG assumes no obligation to update or keep current any information contained herein.

Important note on data protection

Insofar as you provide us with personal data such as your name, home or e-mail address, telephone or fax number or other personal data, we will under no circumstances pass this data on to third parties for their use or storage, unless you have consented to this or we are legally obliged to do so. We use your personal data only to perform the services offered and for correspondence with you. To ensure confidentiality, your data is subject to high security and confidentiality standards. We do not share any of this data with other companies for advertising purposes.

Important note on industrial property rights

All brands and trademarks mentioned on the website and protected by LVAM AG or by third parties are subject without restriction to the applicable trademark law and the rights of the respective registered owners. The copyright for published objects created by LVAM AG itself remains solely with LVAM AG. Any duplication or use of objects such as diagrams, sounds or texts in other electronic or printed publications is not permitted without LVAM AG’s agreement. The same applies to third parties insofar as they hold copyrights to the content of the websites. The copying, downloading, distribution and storage of third-party content is not permitted without their express consent.

If sections or individual terms of this statement are not legal or correct, the content or validity of the other parts remain uninfluenced by this fact.

¹ As defined in Regulation S of the United States Securities Act of 1933. This definition specifically includes residents of the United States and U.S. corporations and partnerships.

Disclaimer

As a visitor to our website, please note the following information. By accessing the lvam.de website, you agree to the content of the following information and confirm that you are a resident of the Federal Republic of Germany. This LVAM AG website is directed only at persons who are residents of the Federal Republic of Germany. Not eligible for access are all other Internet users, in particular persons residing in the USA¹ or those residing in the Netherlands, Great Britain and Northern Ireland, Canada or Japan. All Internet pages within the website at www.lvam.de are available exclusively in German. The following information is for the private information of the users of this website. This and the following Internet pages are governed exclusively by German law.

The responsible creator for these Internet pages is LVAM AG with its registered office at Bleichstraße 52, 60313 Frankfurt.

These Internet pages are for information purposes only and in particular do not constitute advertising, recommendations, financial or other advice. They are not an offer or invitation to buy or sell securities or financial instruments.

The sole basis for the acquisition of units in investment funds is the respective valid sales prospectus with the contractual terms and conditions in conjunction with the respective latest audited annual report and the semi-annual report, if such a report is more recent than the latest annual report. These documents can be obtained from the respective management company or custodian bank as well as the paying agents. LVAM AG does not assume any liability for the correctness and completeness of the information provided in these documents.

Investment objectives, experience, risk appetite and financial circumstances of the users of these Internet pages cannot be taken into account.

The securities and other financial instruments presented on these Internet pages may therefore not be suitable as investment instruments for every user. It is possible that the purchase of these instruments may be considered risky. In particular, changes in interest rates and exchange rates may adversely affect the value, price or income of the securities or financial instruments mentioned. Information on performance is always based on past performance. For the forecast of future value and price developments, historical price developments are only an inadequate basis and do not constitute a guarantee. Furthermore, the values and prices shown on these web pages may not represent the price or value available on the relevant market at the time a user wishes to buy or sell a particular security, other financial instrument or currency. Furthermore, the information on these web pages does not take into account values or prices that may differ due to the size of a specific transaction. LVAM AG assumes no responsibility for:

  • the suitability for investors of the securities or other financial instruments presented on the websites,
  • the accounting, economic and tax consequences of an investment in the securities or other financial instruments presented,
  • the future performance of the securities or financial instruments.

It is therefore strongly advised to seek independent advice from investment and tax advisors. By opening these Internet pages and accessing the information contained therein, the user does not become a customer of LVAM AG, nor does LVAM AG thereby incur any obligations or responsibilities vis-à-vis this user, in particular no information contract is concluded between LVAM AG and the user of these Internet pages.

These web pages are based on information from sources that we believe to be reliable. However, no responsibility is assumed for the accuracy, completeness, timeliness or quality and availability at any time of the data and other information provided. Third-party assessments reproduced here do not necessarily represent the opinion of LVAM AG. All price information is displayed with different time delays depending on the selected stock exchange and type of security and is for private use only.

This website may contain hyperlinks to third-party websites, thereby providing access to “third-party content” that has been produced or made available by operators independent of LVAM AG. We have no influence on these Internet sites and provide them merely as an aid to finding other Internet sites. The fact that LVAM AG provides the hyperlink does not constitute a recommendation, authorization, sponsorship or participation by LVAM AG with respect to these Internet pages, their owners or the persons responsible for them. We have not controlled the information, software or products of such websites. Accordingly, LVAM AG assumes no liability for the content of such third-party websites. The respective provider is solely responsible for the content of the linked pages. LVAM AG is not liable for any damages resulting from the use of the information provided.

No liability is accepted for any damage caused by computer viruses when calling up or downloading data or when installing or using software.

v AG expressly reserves the right to change, supplement or delete opinions expressed on these Internet pages, individual websites or the entire operation of the Internet page, including the services, information, properties or functionalities offered, which are accessible within the scope of the intended use of the Internet page, without prior notice, or to discontinue the publication temporarily or permanently. LVAM AG assumes no obligation to update or keep current any information contained herein.

Important note on data protection

Insofar as you provide us with personal data such as your name, home or e-mail address, telephone or fax number or other personal data, we will under no circumstances pass this data on to third parties for their use or storage, unless you have consented to this or we are legally obliged to do so. We use your personal data only to perform the services offered and for correspondence with you. To ensure confidentiality, your data is subject to high security and confidentiality standards. We do not share any of this data with other companies for advertising purposes.

Important note on industrial property rights

All brands and trademarks mentioned on the website and protected by LVAM AG or, if applicable, by third parties are subject without restriction to the applicable trademark law and the rights of the respective registered owners. The copyright for published objects created by LVAM AG itself remains solely with LVAM AG. Any duplication or use of objects such as diagrams, sounds or texts in other electronic or printed publications is not permitted without LVAM AG’s agreement. The same applies to third parties insofar as they hold copyrights to the content of the websites. The copying, downloading, distribution and storage of third-party content is not permitted without their express consent.

If sections or individual terms of this statement are not legal or correct, the content or validity of the other parts remain uninfluenced by this fact.

¹ As defined in Regulation S of the United States Securities Act of 1933. This definition specifically includes residents of the United States and U.S. corporations and partnerships.

Disclaimer

As a visitor to our website, please note the following information. By accessing the lvam.de website, you agree to the content of the following information and confirm that you are a resident of the Federal Republic of Germany. This LVAM AG website is directed only at persons who are residents of the Federal Republic of Germany. Not eligible for access are all other Internet users, in particular persons residing in the USA¹ or those residing in the Netherlands, Great Britain and Northern Ireland, Canada or Japan. All Internet pages within the website at www.lvam.de are available exclusively in German. The following information is for the private information of the users of this website. This and the following Internet pages are governed exclusively by German law.

The responsible creator for these Internet pages is Leanval Asset Manamgement (LVAM) AG with its registered office at Bleichstraße 52, 60313 Frankfurt, Germany.

These Internet pages are for information purposes only and in particular do not constitute advertising, recommendations, financial or other advice. They are not an offer or invitation to buy or sell securities or financial instruments.

The sole basis for the acquisition of units in investment funds is the respective valid sales prospectus with the contractual terms and conditions in conjunction with the respective latest audited annual report and the semi-annual report, if such a report is more recent than the latest annual report. These documents can be obtained from the respective management company or custodian bank as well as the paying agents. LVAM AG does not assume any liability for the correctness and completeness of the information provided in these documents.

Investment objectives, experience, risk appetite and financial circumstances of the users of these Internet pages cannot be taken into account.

The securities and other financial instruments presented on these Internet pages may therefore not be suitable as investment instruments for every user. It is possible that the purchase of these instruments may be considered risky. In particular, changes in interest rates and exchange rates may adversely affect the value, price or income of the securities or financial instruments mentioned. Information on performance is always based on past performance. For the forecast of future value and price developments, historical price developments are only an inadequate basis and do not constitute a guarantee. Furthermore, the values and prices shown on these web pages may not represent the price or value available on the relevant market at the time a user wishes to buy or sell a particular security, other financial instrument or currency. Furthermore, the information on these web pages does not take into account values or prices that may differ due to the size of a specific transaction. LVAM AG assumes no responsibility for:

  • the suitability for investors of the securities or other financial instruments presented on the websites,
  • the accounting, economic and tax consequences of an investment in the securities or other financial instruments presented,
  • the future performance of the securities or financial instruments.

It is therefore strongly advised to seek independent advice from investment and tax advisors. By opening these Internet pages and accessing the information contained therein, the user does not become a customer of LVAM AG, nor does LVAM AG thereby incur any obligations or responsibilities vis-à-vis this user, in particular no information contract is concluded between LVAM AG and the user of these Internet pages.

These web pages are based on information from sources that we believe to be reliable. However, no responsibility is assumed for the accuracy, completeness, timeliness or quality and availability at any time of the data and other information provided. Third-party assessments reproduced here do not necessarily represent the opinion of LVAM AG. All price information is displayed with different time delays depending on the selected stock exchange and type of security and is for private use only.

This website may contain hyperlinks to third-party websites, thereby providing access to “third-party content” that has been produced or made available by operators independent of LVAM AG. We have no influence on these Internet sites and provide them merely as an aid to finding other Internet sites. The fact that LVAM AG provides the hyperlink does not constitute a recommendation, authorization, sponsorship or participation by LVAM AG with respect to these Internet pages, their owners or the persons responsible for them. We have not controlled the information, software or products of such websites. Accordingly, LVAM AG assumes no liability for the content of such third-party websites. The respective provider is solely responsible for the content of the linked pages. LVAM AG is not liable for any damages resulting from the use of the information provided.

No liability is accepted for any damage caused by computer viruses when calling up or downloading data or when installing or using software.

LVAM AG expressly reserves the right to change, supplement or delete opinions expressed on these Internet pages, individual websites or the entire operation of the Internet page, including the services, information, properties or functionalities offered, which are accessible within the scope of the intended use of the Internet page, without prior notice, or to discontinue publication temporarily or permanently. LVAM AG assumes no obligation to update or keep current any information contained herein.

Important note on data protection

Insofar as you provide us with personal data such as your name, home or e-mail address, telephone or fax number or other personal data, we will under no circumstances pass this data on to third parties for their use or storage, unless you have consented to this or we are legally obliged to do so. We use your personal data only to perform the services offered and for correspondence with you. To ensure confidentiality, your data is subject to high security and confidentiality standards. We do not share any of this data with other companies for advertising purposes.

Important note on industrial property rights

All brands and trademarks mentioned on the website and protected by LVAM AG or by third parties are subject without restriction to the applicable trademark law and the rights of the respective registered owners. The copyright for any material created by LVAM AG is reserved. Any duplication or use of objects such as diagrams, sounds or texts in other electronic or printed publications is not permitted without LVAM AG’s agreement. The same applies to third parties insofar as they hold copyrights to the content of the websites. The copying, downloading, distribution and storage of third-party content is not permitted without their express consent.

If sections or individual terms of this statement are not legal or correct, the content or validity of the other parts remain uninfluenced by this fact.

¹ As defined in Regulation S of the United States Securities Act of 1933. This definition specifically includes residents of the United States and U.S. corporations and partnerships.

Disclaimer

As a visitor to our website, please note the following information. By accessing the lvam.de website, you agree to the content of the following information and confirm that you are a resident of the Federal Republic of Germany. This website of LeanVal Asset Management AG is directed only at persons who are residents of the Federal Republic of Germany. Not eligible for access are all other Internet users, in particular persons residing in the USA¹ or those residing in the Netherlands, Great Britain and Northern Ireland, Canada or Japan. All Internet pages within the website at www.lvam.de are available exclusively in German. The following information is for the private information of the users of this website. This and the following Internet pages are governed exclusively by German law.

The responsible creator for these Internet pages is LeanVal Asset Management (LVAM) AG with its registered office at Bleichstraße 52, 60313 Frankfurt, Germany.

These Internet pages are for information purposes only and in particular do not constitute advertising, recommendations, financial or other advice. They are not an offer or invitation to buy or sell securities or financial instruments.

The sole basis for the acquisition of units in investment funds is the respective valid sales prospectus with the contractual terms and conditions in conjunction with the respective latest audited annual report and the semi-annual report, if such a report is more recent than the latest annual report. These documents can be obtained from the respective management company or custodian bank as well as the paying agents. LVAM AG does not assume any liability for the correctness and completeness of the information provided in these documents.

Investment objectives, experience, risk appetite and financial circumstances of the users of these Internet pages cannot be taken into account.

The securities and other financial instruments presented on these Internet pages may therefore not be suitable as investment instruments for every user. It is possible that the purchase of these instruments may be considered risky. In particular, changes in interest rates and exchange rates may adversely affect the value, price or income of the securities or financial instruments mentioned. Information on performance is always based on past performance. For the forecast of future value and price developments, historical price developments are only an inadequate basis and do not constitute a guarantee. Furthermore, the values and prices shown on these web pages may not represent the price or value available on the relevant market at the time a user wishes to buy or sell a particular security, other financial instrument or currency. Furthermore, the information on these web pages does not take into account values or prices that may differ due to the size of a specific transaction. LVAM AG assumes no responsibility for:

  • the suitability for investors of the securities or other financial instruments presented on the websites,
  • the accounting, economic and tax consequences of an investment in the securities or other financial instruments presented,
  • the future performance of the securities or financial instruments.

It is therefore strongly advised to seek independent advice from investment and tax advisors. By opening these Internet pages and accessing the information contained therein, the user does not become a customer of LVAM AG, nor does LVAM AG thereby incur any obligations or responsibilities vis-à-vis this user, in particular no information contract is concluded between LVAM AG and the user of these Internet pages.

These web pages are based on information from sources that we believe to be reliable. However, no responsibility is assumed for the accuracy, completeness, timeliness or quality and availability at any time of the data and other information provided. Third-party assessments reproduced here do not necessarily represent the opinion of LVAM AG. All price information is displayed with different time delays depending on the selected stock exchange and type of security and is for private use only.

This website may contain hyperlinks to third-party websites, thereby providing access to “third-party content” that has been produced or made available by operators independent of LVAM AG. We have no influence on these Internet sites and provide them merely as an aid to finding other Internet sites. The fact that LVAM AG provides the hyperlink does not constitute a recommendation, authorization, sponsorship or participation by LVAM AG with respect to these Internet pages, their owners or the persons responsible for them. We have not controlled the information, software or products of such websites. Accordingly, LVAM AG assumes no liability for the content of such third-party websites. The respective provider is solely responsible for the content of the linked pages. LVAM AG is not liable for any damages resulting from the use of the information provided.

No liability is accepted for any damage caused by computer viruses when calling up or downloading data or when installing or using software.

LVAM AG expressly reserves the right to change, supplement or delete opinions expressed on these Internet pages, individual websites or the entire operation of the Internet page, including the services, information, properties or functionalities offered, which are accessible within the scope of the intended use of the Internet page, without prior notice, or to discontinue publication temporarily or permanently. LVAM AG assumes no obligation to update or keep current any information contained herein.

Important note on data protection

Insofar as you provide us with personal data such as your name, home or e-mail address, telephone or fax number or other personal data, we will under no circumstances pass this data on to third parties for their use or storage, unless you have consented to this or we are legally obliged to do so. We use your personal data only to perform the services offered and for correspondence with you. To ensure confidentiality, your data is subject to high security and confidentiality standards. We do not share any of this data with other companies for advertising purposes.

Important note on industrial property rights

All brands and trademarks mentioned on the website and protected by LVAM AG or, if applicable, by third parties are subject without restriction to the applicable trademark law and the rights of the respective registered owners. The copyright for published objects created by LVAM AG itself remains solely with LVAM AG. Any duplication or use of objects such as diagrams, sounds or texts in other electronic or printed publications is not permitted without LVAM AG’s agreement. The same applies to third parties insofar as they hold copyrights to the content of the websites. The copying, downloading, distribution and storage of third-party content is not permitted without their express consent.

If sections or individual terms of this statement are not legal or correct, the content or validity of the other parts remain uninfluenced by this fact.

¹ As defined in Regulation S of the United States Securities Act of 1933. This definition specifically includes residents of the United States and U.S. corporations and partnerships.

Disclaimer

As a visitor to our website, please note the following information. By accessing the lvam.de website, you agree to the content of the following information and confirm that you are a resident of the Federal Republic of Germany. This website of LeanVal Asset Management (LVAM) AG is directed only at persons who are residents of the Federal Republic of Germany. Not eligible for access are all other Internet users, in particular persons residing in the USA¹ or those residing in the Netherlands, Great Britain and Northern Ireland, Canada or Japan. All Internet pages within the website at www.lvam.de are available exclusively in German. The following information is for the private information of the users of this website. This and the following Internet pages are governed exclusively by German law.

The responsible creator for these Internet pages is LeanVal Asset Management AG with its registered office at Bleichstraße 52, 60313 Frankfurt, Germany.

These Internet pages are for information purposes only and in particular do not constitute advertising, recommendations, financial or other advice. They are not an offer or invitation to buy or sell securities or financial instruments.

The sole basis for the acquisition of units in investment funds is the respective valid sales prospectus with the contractual terms and conditions in conjunction with the respective latest audited annual report and the semi-annual report, if such a report is more recent than the latest annual report. These documents can be obtained from the respective management company or custodian bank as well as the paying agents. LVAM AG does not assume any liability for the correctness and completeness of the information provided in these documents.

Investment objectives, experience, risk appetite and financial circumstances of the users of these Internet pages cannot be taken into account.

The securities and other financial instruments presented on these Internet pages may therefore not be suitable as investment instruments for every user. It is possible that the purchase of these instruments may be considered risky. In particular, changes in interest rates and exchange rates may adversely affect the value, price or income of the securities or financial instruments mentioned. Information on performance is always based on past performance. For the forecast of future value and price developments, historical price developments are only an inadequate basis and do not constitute a guarantee. Furthermore, the values and prices shown on these web pages may not represent the price or value available on the relevant market at the time a user wishes to buy or sell a particular security, other financial instrument or currency. Furthermore, the information on these web pages does not take into account values or prices that may differ due to the size of a specific transaction. LVAM AG assumes no responsibility for:

  • the suitability for investors of the securities or other financial instruments presented on the websites,
  • the accounting, economic and tax consequences of an investment in the securities or other financial instruments presented,
  • the future performance of the securities or financial instruments.

It is therefore strongly advised to seek independent advice from investment and tax advisors. By opening these Internet pages and accessing the information contained therein, the user does not become a customer of LVAM AG, nor does LVAM AG thereby incur any obligations or responsibilities vis-à-vis this user, in particular no information contract is concluded between LVAM AG and the user of these Internet pages.

These web pages are based on information from sources that we believe to be reliable. However, no responsibility is assumed for the accuracy, completeness, timeliness or quality and availability at any time of the data and other information provided. Third-party assessments reproduced here do not necessarily represent the opinion of LVAM AG. All price information is displayed with different time delays depending on the selected stock exchange and type of security and is for private use only.

This website may contain hyperlinks to third-party websites, thereby providing access to “third-party content” that has been produced or made available by operators independent of LVAM AG. We have no influence on these Internet sites and provide them merely as an aid to finding other Internet sites. The fact that LVAM AG provides the hyperlink does not constitute a recommendation, authorization, sponsorship or participation by LVAM AG with respect to these Internet pages, their owners or the persons responsible for them. We have not controlled the information, software or products of such websites. Accordingly, LVAM AG assumes no liability for the content of such third-party websites. The respective provider is solely responsible for the content of the linked pages. LVAM AG is not liable for any damages resulting from the use of the information provided.

No liability is accepted for any damage caused by computer viruses when calling up or downloading data or when installing or using software.

LVAM AG expressly reserves the right to change, supplement or delete opinions expressed on these Internet pages, individual websites or the entire operation of the Internet page, including the services, information, properties or functionalities offered, which are accessible within the scope of the intended use of the Internet page, without prior notice, or to discontinue publication temporarily or permanently. LVAM AG assumes no obligation to update or keep current any information contained herein.

Important note on data protection

Insofar as you provide us with personal data such as your name, home or e-mail address, telephone or fax number or other personal data, we will under no circumstances pass this data on to third parties for their use or storage, unless you have consented to this or we are legally obliged to do so. We use your personal data only to perform the services offered and for correspondence with you. To ensure confidentiality, your data is subject to high security and confidentiality standards. We do not share any of this data with other companies for advertising purposes.

Important note on industrial property rights

All brands and trademarks mentioned on the website and protected by LVAM AG or, if applicable, by third parties are subject without restriction to the applicable trademark law and the rights of the respective registered owners. The copyright for published objects created by LVAM AG itself remains solely with LVAM AG. Any duplication or use of objects such as diagrams, sounds or texts in other electronic or printed publications is not permitted without LVAM AG’s agreement. The same applies to third parties insofar as they hold copyrights to the content of the websites. The copying, downloading, distribution and storage of third-party content is not permitted without their express consent.

If sections or individual terms of this statement are not legal or correct, the content or validity of the other parts remain uninfluenced by this fact.

¹ As defined in Regulation S of the United States Securities Act of 1933. This definition specifically includes residents of the United States and U.S. corporations and partnerships.