Issue Price: 151,25 EUR | Redemption Price: 150,49 EUR – Valuation Date: 26.03.2020

Fund Description

The RIV Rationalinvest Vermögensverwalterfonds is an international mixed asset fund that accumulates profits and is domiciled in Germany.

The objective of the fund is to retain the purchasing power of the invested clients’ wealth. An investment result which is at least 2% above the yearly average inflation rate is targeted.

This is accomplished by an active investment policy with emphasis on equities. The equity ratio can be between 51% and 100% of fund assets. The fund only invests in listed securities with sufficient large trading volume.

The mitigation of investment risks within the fund is implemented by broad and international diversification across issuers, industries, countries and currencies. This is the only way investment risks can be mitigated without sacrificing performance. All attempts of market timing or hedging transactions are abstained from. Scientific research proves that the costs of this are higher than the benefits in the long-term.
Speculative investments with risks that are difficult to calculate, as e.g. certificates or high-yielding junk bonds with a high risk of default are not considered suitable investments. Derivatives are not allowed as investments.
Securities lending transactions are excluded. These constitute a change from real assets to a claim, can be used to short sell securities against the fund investors’ interests and in addition lead to additional counterparty risk.

The RIV Rationalinvest Vermögensverwalterfonds is suitable for investors planning for the long-term and who are able to tolerate stock market volatility. For short-term investments, the investment fund is not suitable. To deter such investments, a redemption fee of 0.5% is charged which in its entirety is credited to the fund, to compensate for costs that are incurred from in- and outflows of assets.

The RIV Rationalinvest Vermögensverwalterfonds accumulates gains generally. Investors can at any point in time withdraw funds by selling shares of the investment fund in any desired amount.

The RIV Rationalinvest Vermögensverwalterfonds is managed by three experienced fund managers. In addition, the principles of the investment policy are defined in an internal operational framework and can only be changed by a joint decision of the management board. These measures prevent unilateral decision-making, too much dependence on one person and that a departure of one manager changes the hitherto successful investment policy significantly.

The investment fund costs are very important for the long-term investment results of an investment fund.

To hold current costs as low as possible, no recurring commissions are paid from the investment funds’ assets to banks or intermediaries. This is an advantage for advice seeking investors, as our fund will only be recommended by conviction and not commission interests.

No performance fee is charged.

Transaction costs which stem from securities transactions in the fund and are not included in the TER, are very low with 0.005% per year. Some funds of competitors have transaction costs >1% alone.

All costs reduce the taxable current fund income. Furthermore, fund distributions and fund capital gains are 30% tax exempt.

The current total costs (TER 1.38% + performance fee 0.00% + transaction costs 0.00%) of the investment fund are in total about 1.38% p.a. After accounting for tax mitigating effects, costs amount to 1.02%.

We place great importance on a maximum of transparency towards investors in our investment funds. Every known investor is therefore informed about the investment results of the investment fund in a monthly reporting consisting of a detailed investment fund composition, implemented significant transactions within the funds and an overview of macroeconomic developments.