Investment information
KOOR ESG sub-fund is in accordance with sec. § 165 par. 1 of Act no. 240/2013 Coll., on investment companies and investment funds (“ZISIF”), an accounting and asset-separated part of KOOR ESG SICAV a.s., ID 173 28 187, with registered office at Sokolovská 675/9, Karlín, 186 00 Prague 8, registered in the commercial register at the Municipal Court in Prague, section B, file 27459.
The Subfund primarily invests in the company KOOR s.r.o., which through its activities invests in increasing energy efficiency and projects that save energy while maintaining ESG principles, such as:
- GES – Guaranteed energy services,
- EPC – Energy services paid from savings,
- PBC – Performance base contract,
- EC – Energetický contracting,
- PPA – Power purchase agreement,
- RES – Equipment for the production of EE,
- BESS – Battery energy devices.
Investment strategy:
The goal of the Subfund is to achieve the maximum possible return from direct and indirect investments from the assets of the Sub – fund. This goal will be achieved primarily through the expected growth in the value of the capital share in the company KOOR s.r.o. and collection of interest from loans provided to the company.
LEGAL FORM OF THE FUND
joint stock company with variable share capital (SICAV)
TYPE OF FUND
fund of qualified investors
UNDERLYING ASSETS OF THE FUND
equity participations in companies with a focus on tailor-made technological solutions. Implementation, installation and operation of energy-saving solutions (batteries, photovoltaics, heat pumps…).
ISSUED SECURITIES
investment shares A (EUR), investment shares B (EUR), investment shares D (CZK)
PUBLIC MARKETABILITY
yes
FREQUENCY OF SUBSCRIPTION OF INVESTMENT SHARES
monthly
MINIMUM INVESTMENT
1 mil. CZK, in the case of the Symbion product from CZK 100,000
ENTRY FEE
0 – 3 %
RECOMMENDED INVESTMENT HORIZON
5 years
FREQUENCY OF PURCHASES OF INVESTMENT SHARES
monthly
MATURITY FOR REDEMPTION OF INVESTMENT SHARES
within 1 year from the last day of the month when the redemption was requested
EXIT FEES
investment shares A (EUR):
up to 1 year – 80%
from 1 to 2 years – 20%
from 2 to 3 years – 10%
after 3 years – 0%
investment shares B (EUR)
and investment shares D (CZK):
up to 2 years – 80%
from 2 to 3 years – 60%
from 3 to 4 years – 5 %
from 4 to 5 years – 2,5 %
after 5 years – 0%
in the case of a one-time request to buy back investment shares with a volume of 10% of investment shares of the same type, as long as such a buy-back request is made after 3 years from the initial investment:
0 %
TAXATION OF FUND INCOME
5% of fund profit
TAXATION OF SHAREHOLDERS – INDIVIDUAL PERSONS
• 15 % for redemption within 3 years
• 0 % on redemption after 3 years
Target return for investors:
IAA (EUR)
preferably, up to the amount of appreciation of 6% p. a.
IAB (EUR)
preferably up to a valuation of 6% p. a. If the portfolio achieves a surplus, this surplus falls equally between IAB, IAC and IAD, but up to a maximum appreciation of 9% p. a. IAB.
IAD (CZK)
preferably up to a valuation of 6% p. a. If the portfolio achieves a surplus, this surplus falls equally between IAB, IAC and IAD, but up to a maximum appreciation of 9% p. a. IAD.
The estimated return is subject to investment risk. Although the forecasts are based on reasonable assumptions and take into account various market scenarios, they may not always be a reliable indicator of the Fund’s future performance. They are therefore not a guarantee of future returns.
If the sub-fund’s portfolio achieves a loss, this loss is allocated preferentially against the value of Investment Shares C and subsequently proportionally.