Fund Profile
Marketing Ad
Shaping the future
Investments in the megatrends of infrastructure.
This is exactly where PATRIZIA Infrastructure Invest comes in, offering an attractive opportunity to invest in the four infrastructure megatrends with a diversified investment strategy. Due to its ELTIF qualification, the fund is accessible to both institutional and private investors.
Investments for PATRIZIA Infrastructure Invest are made through both equity investments (“Infrastructure Equity”) and lending (“Infrastructure Debt”). This combination is one of the strengths of PATRIZIA Infrastructure Invest.
Investments may be made via direct investments in infrastructure assets and through investments in target funds. Potential target funds from PATRIZIA for institutional investors have already secured their first assets, so that investments in these assets or the target funds can generate income right from the start.
Expertise
More than 25 years of PATRIZIA Infrastructure experience and proven track record
Target total return: >8% p.a. (forecast)2
Target average distribution: > 4% p.a. (forecast)3
Direct and fund investments
with the first investments already made by potential PATRIZIA target funds
Diversification
through infrastructure equity and debt investments and low correlation to listed equity markets
Open-end fund
Potential to redeem shares at the end of each quarter subject to a 12-month notice period1
ELTIF
Access available for both institutional and private investors
Share Classes¹
AC Retail Share class Accumulating – Germany
ADI Retail Share class Distributing – IT
ACI Retail Share class Accumulating – IT
CD Clean Retail Share class Distributing
GD Seed investor Share class Distributing
HD Seed investor Share class Distributing (10m€)
Risks
This promotional communication cannot conclusively explain all the risks associated with the investment, including the risks listed below. There is no capital guarantee. Therefore, high losses can occur including up to a total loss of the investment. Investors are advised to seek advice on all the regulatory, tax and other legal implications of investing in the product before investing.
A detailed description of the risks can be found in Schedule 3 to the Prospectus.
Key risks:
- Delays in project development
- Delays in raising capital and making investments
- General risk of cost overruns
- Regulatory risks
- Foreign Exchange risks
- Distributions may be delayed or absent; yields/distributions could be significantly lower than forecast
- Risks associated with investing in tangible assets or infrastructure (including physical risks to the assets, operator risks and the potential risks of improper maintenance)
- Risks associated with the restriction and suspension of share redemptions
Why Infrastructure
The infrastructure sector includes various strategies and investments from different sectors and markets. Fundamentally, however, infrastructure investments are usually characterised by some common characteristics that can be attractive to investors in their investment decision.
Inflation protection
The returns on infrastructure investments are often linked to inflation and can potentially generate higher returns than stocks or bonds in an inflationary environment.
Structural demand
The high demand for infrastructure assets can be largely independent of economic fluctuations for certain types of infrastructure. This can help stabilise the portfolio even during a difficult economic environment.
Portfolio diversification
The typically low correlation of infrastructure to listed equity markets can improve the diversification of an investor’s portfolio.
The Fund at a Glance
Key data
| Fund structure | Luxembourg SICAV-SCA, qualifying as an ELTIF | |
| Capital management company | Universal-Investment-Luxembourg S.A | |
| Investment strategy | Infrastructure debt and equity investments via funds as well as co-investments and direct investments | |
| Portfolio Manager | PATRIZIA Infrastructure Ltd. | |
| Target investors | Professional investors and private investors with a long-term investment horizon |
|
| Target returns | Total return > 8% p.a. (forecast)2 / Distributions > 4% p.a. (forecast)3 | |
| Planned distributions | Annual, including income from infrastructure assets | |
| Fund currency | Euro | |
| NAV calculation | Monthly | |
| EU SFDR Disclosure Regulation | Article 8 | |
| Fund term | Unlimited | |
| Notice period | 12 months from quarter-end4 | |
| Management fee | Up to 1.8% p.a. on the net asset value; depending on the respective share class |
|
| Entry fee | Up to 5% | |
Footnotes:
1 For an overview of the possible share classes, see Schedule 1 of the Prospectus.
2 The target total return (forecast) refers to the expected net return after deduction of fund costs and fees and before deduction of individual taxes. Forecasts are not a reliable indicator of future performance. There is no guarantee that the target return will be achieved. All information on expected returns and expected distributions refer to the distributing share class AD and assume a holding period of 7 years for the fund investment. In addition to the target total return, four performance scenarios were modelled as part of the preparation of the key information document for the fund in accordance with the Regulatory Technical Standards in accordance with Delegated Regulation (EU) 2017/653, taking into account the amendments made by Delegated Regulation (EU) 2021/2268. For an analysis of the scenarios, please refer to the Fund’s key information document. The annual average returns presented in the performance scenarios in the key information document are determined on the basis of a different calculation method and may therefore deviate significantly from the above-mentioned target total return.
3 Target average distribution (forecast) after deduction of fund costs and fees and before deduction of individual taxes. Forecasts are not a reliable indicator of future performance. There is no guarantee that the target return will be achieved. All information on expected returns and expected distributions refers to the distributing share class AD. In addition to the target average distribution, four performance scenarios were modelled as part of the preparation of the key information document for the fund in accordance with the Regulatory Technical Standards in accordance with Delegated Regulation (EU) 2017/653, taking into account the amendments made by Delegated Regulation (EU) 2021/2268. For an analysis of the scenarios, please refer to the Fund’s key information document. The annual average returns presented in the performance scenarios in the key information document are determined on the basis of a different calculation method and may therefore deviate significantly from the aforementioned target average distribution.
4 Subject to the Notice Period and the Fund’s gating and liquidity mechanisms. The earliest possible redemption is at the end of the quarter after the expiry of the initial Lock-in Period. For details on the redemption of shares, see Section 7 of the Prospectus.