HI Algebris PMI Innovative 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

Class M: €10.000

Additional Investments

€10.000

Fund Start Date

October 2023

Subscription

Period 12 months (extendable by an additional 12 months)

Redemption

Provided for 3 early redemption windows (at client’s request), each for up to 10% of the fund’s assets, set at: 3.5/4/4.5 years from the end of subscription period

Notice Period

By 1:00 p.m. on the closing day of each early redemption period

Management Fee

Class A1: 0,80%, Class A2: 1,10%, Class A3: 2,00%, Class M: 0,50%

Incentive Fee

15% above hurdle rate of 5% per year

Tax Treatment

Not subject to taxation under the following conditions: Maximum invested amount of €300,000 per year and €1,500,000 in total; subscribed by individuals resident in Italy; held for at least 5 years.

Ordinary IRPEF deduction

Ordinary IRPEF deduction of 30 %of the cumulative investment through certification that the fund is predominantly invested in “PMI Innovative” (at least 70 percent). The participation in the “PMI Innovativa” must be maintained for at least 3 years.

SGR Authorization ELTIF manager

18 February 2020

Fund Authorization

21 February 2023

Depositary

BNP Paribas S.A., Italian Branch

Auditor

Deloitte

ISIN

Class A1: IT0005536930
Class A2: IT0005536955
Class A3: IT0005536971

Class M:   IT0005536997

Bloomberg

Class A1: HIAELA1 IM
Class A2: HIAINA2 IM
Class A3: HIAPLA3 IM

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

Il NAV è calcolato su base trimestrale o più frequentemente in presenza di closing. I rendimenti sono calcolati tra una data NAV e la successiva. I rendimenti illustrati sono al lordo degli oneri fiscali (ove applicabili).