Fund portrait

The fund invests in loans given to MFI in emerging and developing countries. The MFI serve as intermediaries between the IIV Mikrofinanzfonds and the final borrowers. Accordingly, the institutions must be selected conscientiously. The selection process includes a detailed country, financial and sector analysis as well as an on-site review of the MFI. In addition to financial ratios, credit, default and currency risks, comprehensive sustainability criteria are also assessed. Only those MFI are supported that also meet our criteria regarding ethical and social aspects.

Fund profile

ISIN DE000A1H44T1
WKN A1H44T
Inception date
Total fund assets 743.7 M EUR
Fund currency EUR
Current issue price EUR103.55 (03/28/2024)
Current return price EUR100.53 (03/28/2024)
Performance current year 0.74 % (03/28/2024)

Downloads

  • Key information sheet (PRIIPs) (de) Status : 02/08/2024 (173.82 kB)
  • Prospectus (de) Status : 11/15/2023 (1.76 MB)
  • Factsheet private investors (monthly) (en) Status : 04/11/2024 (529.76 kB)
  • Factsheet private investors (monthly) (de) Status : 04/12/2024 (293.48 kB)
  • Annual report (de) Status : 09/30/2023 (3.50 MB)
  • Semi-annual report (de) Status : 03/31/2023 (1.18 MB)
  • Sustainability-Related Disclosures (de) Status : 02/09/2024 (395.75 kB)

Asset structure

Performance

This chart shows the fund's performance as a percentage loss or gain per year over the last 10.

Past performance is not a reliable indicator of future performance. The markets may develop completely differently in the future. You can use the chart to evaluate how the fund has been managed in the past. The performance is shown after deducting the running costs. Entry and exit costs are not included in the calculation. The IIV Mikrofinanzfonds Class R was launched on 10/10/2011. Historical performance has been calculated in EUR.

Performance in 12-month periods and %

Good to know: In the chart above, the net performance differs from the gross performance, the so-called BVI method, only in that the front-end load of the respective fund was taken into account in the first year of investment. In addition, the reported performance always refers to complete 12-month periods. Only the values marked with an * refer to a shorter period (since inception). Due to regulatory requirements, these 12 monthly periods are only shown as of the last ultimo. An update below the current month does not take place in this respect. With the other display periods available for selection, however, the periods always refer to the date specified at the top right.