KAIS RENAISSANCE ELTIF

Renaissance ELTIF is a sub-fund of the Luxembourg-registered Kairos Alternative Investments Sicav. It is the first Kairos ELTIF and one of the first Alternative PIRs on the market, which invests in predominantly Italian businesses with excellent growth and development prospects.

It is a product suitable for customers with good financial preparation and a high capital capacity. The tax exemption that characterizes the Alternative PIRs makes this type of solution even more interesting.

The Fund is available for subscriptions until May 14, 2021. It was created to facilitate investments, by institutional subjects and private investors, in business projects that require the use of long-term capital, so that the duration of the investment is 6 years with possibility of extension for a further 2 years. The duration cannot in any case be extended beyond 31 December 2028


Recording date October 2020

Identity card

Category

Close endedAlternative InvestmentFund (AIF)

Management style

Active management style, intended as the ability to select investment opportunities thanks to the deep knowledge of a vast universe of Italian and European SMEs

Investment universe
  • Investment in companies with a capitalization of less than 500 million
  • Max 25% in unlisted equity instruments
  • At least 70% for at least two thirds of the calendar year, invested in financial instruments issued or stipulated with companies resident in the Italian territory or in member states of the European Union with a permanent establishment in the Italian territory
Objective

Achieve adequate risk-adjusted returns on a diversified portfolio of investments aimed at financing projects with an average duration of 5 to 7 years

Level of risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7

Factsheet

SELLING POINTS

For those who choose a tool capable of supporting small and medium-sized enterprises in their growth and development path
REAL ECONOMY
For those who can invest with a medium-long term time horizon and accept a medium-high level of risk
PATIENT CAPITALS
For those who want exemption on capital gains and exemption from inheritance tax, if held for at least 5 years
TAX SAVINGS

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