LeanVal Asset Management AG
LeanVal Asset Management AG

Frankfurt Mezzanine Fund

Frankfurt Mezzanine Fund

Real estate projects enjoy increased attention as an asset class. Finished real estate usually offers only low returns. By contrast, attractive returns on equity can still be achieved with the production of real estate (project development).

Investment concept

The objective of the fund is to build a diversified portfolio of project financing in the real estate sector in order to generate above-average positive returns and long-term capital growth. Financing the acquisition of land for project development as well as purchases of real estate in Germany and Switzerland are at the center of its activities. The Frankfurt Mezzanine Fund acquires bonds issued by the respective project companies. The bonds have an average term of 12 to 36 months. The fund vehicle is an alternative investment fund (AIF).

Project review

Critical to investment success in private markets is access to attractive opportunities that are often not known in the broader market. Financing is reviewed on the basis of a multi-stage process. This starts with the valuation of the current property and portfolio values using the net asset value and capitalized earnings value methods and on the basis of comparable properties. Within the framework of this evaluation, the analysis of the building law situation represents a significant factor. In the second step, this is checked for development potential. Optimization potentials within the framework of existing development plans are analyzed as well as possible possibilities for the creation or optimization of building rights.
As part of a market analysis, the next step is to work out what market prices can be achieved for the projected areas. Both current market values are considered and risk assessments for potential developments during the project term are made. As soon as these object-specific criteria have been answered positively, the respective track records of the service providers and companies involved (architect, project developer, construction companies) are subsequently examined.

Portfolio and performance

Information material

Service Provider

Portfolio Manager:
LeanVal Asset Management AG
Bleichstraße 52
60313 Frankfurt am Main

AIF Manager:
CAIAC Fund Management AG, Haus Atzig, Industriestrasse 2, FL-9487 Bendern

Depository:
Kaiser Partner Privatbank AG, Herrengasse 23, FL-9490 Vaduz

Investment Opportunities

Evaluation interval:
Monthly

Valoren no:
Class EUR 43542897

ISIN:
Class EUR LI0435428979

Minimum investment:
200.000,00 EUR

Shares:
Per share: EUR 1,000.00

Fees

Depository expense:
up to 0.20% p.a.

Administrative fees:
up to 0.20% p.a.

Management Fees:
up to 1.50% p.a.

Profit sharing:
9% with High Watermark

Documents

Fund platforms and points of sale

The fund can be subscribed at the usual points of sale. For qualified / professional investors only.

Contact

Thomas Hunger

+49 69 9494 88 041 Thomas.Hunger@lvam.de

© 2023 LeanVal Asset Management AG

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.

I agree to the conditions

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.

I agree to the conditions

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.

I agree to the conditions
Private investors
Institutional investor
Financial services provider

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.

I agree to the conditions

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.

I agree to the conditions

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.

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Disclaimer

For legal reasons, the funds presented in this section of the LeanVal Asset Management AG website are aimed exclusively at professional and semi-professional investors from Germany and Switzerland and are not suitable for private investors:

Professional investor (see section 1 (19) no. 32 KAGB): A professional investor is any investor who is considered a professional client within the meaning of Annex II of Directive 2014/65/EU or who may be treated as a professional client upon request.

Semi-professional investor (see section 1 (19) no. 33 KAGB): Semi-professional investor is

1. any investor,

  • who commits to invest at least 200,000 euros,
  • who states in writing, in a document separate from the investment commitment agreement, that he or she is aware of the risks associated with the intended commitment or investment,
  • whose expertise, experience and knowledge the AIF management company or the marketing company appointed by it assesses without assuming that the investor has the market knowledge and experience of the investors listed in Section I of Annex II to Directive 2014/65/EU,
  • where the AIF management company or its appointed distributor is reasonably satisfied, taking into account the nature of the intended commitment or investment, that he is capable of making his own investment decisions and understands the risks involved and that such commitment is appropriate for the investor concerned, and
  • to which the AIF management company or the marketing company appointed by it confirms in writing that it has carried out the valuation referred to in subparagraph (cc) and that the conditions referred to in subparagraph (dd) have been met,
    • a manager or employee of the AIF management company referred to in Article 37(1), provided that he invests in AIFs managed by the AIF management company, or a member of the management or board of directors of an externally managed investment company, provided that he invests in the externally managed investment company,
    • any investor who undertakes to invest at least 10 million euros in an investment fund,
    • any investor in the legal form

2. an institution under public law,

3. a foundation under public law or

4. a company in which the Federal Government or a Land holds a majority interest, if the Federal Government or the Land invests or has invested in the relevant special AIF at the time of the investment of the establishment, foundation or company.

The public offer and sale of securities are subject to national laws and other legal regulations in the individual countries. We therefore ask for your understanding that access to the following websites is only permitted to persons who have their permanent residence in Germany and meet the further requirements listed in our legal notices.

Legal notice

The Internet pages are directed only at persons who have their permanent residence in the Federal Republic of Germany. They are expressly not directed at any person in any country/jurisdiction where the publication of information or distribution of securities as described in these pages is prohibited. Persons who are subject to such restrictions, for example with regard to their place of residence, their nationality or similar reasons, may not use these websites.

All data and information contained in our Internet pages have been carefully researched and checked by us or third parties. Neither LeanVal Asset Management AG (LVAM AG) nor third parties can assume any liability for the correctness, completeness and up-to-dateness. The same applies to all other websites to which reference is made by means of hyperlinks. LeanVal Asset Management AG is not responsible for the content of websites that can be accessed through such links. Furthermore, LeanVal Asset Management AG reserves the right to make changes or additions to the information provided. The data contained on our Internet pages are for information purposes only. They are not to be understood as offers or recommendations of specific investment products. This also applies if individual issuers or securities are named. Our Internet information cannot replace individual advice that takes into account the investor’s personal circumstances. Also, it is not possible to take into account all of the specifics that may be associated with investing in a particular security. The content and structure of LeanVal Asset Management AG websites are protected by copyright. The reproduction of information or data, in particular the use of texts, parts of texts or images, requires the prior consent of LeanVal Asset Management AG.An investment decision with respect to the products presented here may only be made on the basis of the relevant sales documents (e.g. sales prospectus, semi-annual or annual report, product information sheets, etc.). We may ask you to confirm below that you are a permanent resident of Germany.

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