HI Algebris Italia ELTIF

Management Company

Hedge Invest SGR S.p.A.

Fund Manager

Luca Mori – Algebris Investments (Ireland) Limited (Investment Delegate Fund Manager)

Currency

EUR

Minimum Investment

Class A1: €5 mln
Class A2: €50.000
Class A3: €10.000

Additional Investments

€30.000

Fund Start Date

After the first closing

Subscription

Subscription period 12 months

Redemption

There are four early redemption windows (at the customer’s request), each for a maximum of 10% of the fund’s assets, established from the closing date of the Subscription Period, for periods of: two years and six months; three years; three years and six months; four years.

Notice Period

1.00 pm on the closing day of each early redemption period

Management Fee

Class A1: 0,7%, Class A2: 1%, Class A3: 1,9%

Incentive Fee

10% fund overperformance (if positive performance) vs. Benchmark (80% FTSE Italia Small Cap Index + 20% Euribor 3 months) entire period (withdrawn at the time of final settlement)

Tax Treatment

Not subject to taxation under the following conditions: Maximum invested amount equal to €300,000 per year and €1,500,000 in total; Signed by natural persons resident in the Italian State; Detained for at least 5 years

SGR Authorization ELTIF manager

18 February 2020

Fund Authorization

18 February 2020

Depositary

BNP Paribas S.A., Italian Branch

Auditor

Deloitte

ISIN

Class A1 IT0005403149 (chiusa)
Class A2 IT0005403164 (chiusa)
Class A3 IT0005403180 (chiusa)

Bloomberg

Class A1: HIAIEA1 IM
Class A2: HIAIECA IM
Class A3: HIAIE3A IM

Before subscribing, please read the information prospectus, the regulations, KID, the docs available in the “Legal Documents” section in English.