Your questions – our answers

All of ETHENEA’s funds can be acquired from all cooperative banks, from independent financial services providers, as well as from banks and savings banks. Many of our partners also offer our funds within the framework of a savings or withdrawal plan, or as part of a life insurance wrapper.

You can obtain professional advice and sales documentation free of charge from your investment advisor.

All of ETHENEA’s funds are issued as a Luxembourg investment fund in accordance with Part I of the latest version of the Luxembourg Law of 17 December 2010 relating to the UCITS directive.

You can acquire our funds from nearly every bank - we work closely with private banks in the major/specialist banking sector, cooperative banks, savings banks, and insurance undertakings - as well as numerous financial service providers. To subscribe to one of our funds, simply contact your bank or investment advisor.

ETHENEA’s funds are clearable securities, i.e. you can easily acquire the desired number of shares or amount in euro in the funds using the internal order routes of your bank.

Alternatively you can make an order by fax or SWIFT payment to DZ PRIVATBANK S.A., the registrar and transfer agency of ETHENEA’s funds. In addition, you have the opportunity to open an account with our registrar and transfer agency DZ PRIVATBANK S.A directly.

Our funds are mutual funds, which are calculated daily (on each business day in Luxembourg except 24 December and 31 December). Subscriptions and redemptions can be placed every day before the cut-off time of 17:00 (CET). The order will be settled with the fund price calculated one day after the cut-off date and the value date will be 3 days after the cut-off date.

ETHENEA Independent Investors S.A. does not charge any front-end loads. Banks, savings banks or agents, however, are at liberty to charge a fee up to the maximum amount stated in the sales prospectus.

Although the investment strategy of the HESPER FUND – Global Solutions differs fundamentally from the investment philosophy of the Ethna Funds, it is still an optimal addition to the fund concepts offered by ETHENEA. An essential component of ETHENEA’s cross-product management approach is its flexible asset allocation, which enables its Portfolio Managers to manage risks effectively, to take advantage of opportunities, and to react appropriately to changing market situations.

Furthermore, the HESPER FUND – Global Solutions follows a highly flexible, opportunistic investment approach, which aims to achieve an absolute increase in value with volatility that is similar to that of the equity markets. At the same time, as a multi-asset fund, it uses a top-down approach to asset allocation, as well as hedging instruments - just like the Ethna Funds. Overall, the risk profile of the HESPER FUND – Global Solutions is significantly more offensive than that of the Ethna Funds.

ETHENEA is a non-bank affiliated management company.

ETHENEA Independent Investors S.A. is a Luxembourg-based Management Company incorporated under the laws of the Grand Duchy of Luxembourg in the form of a public limited company (société anonyme) and registered with the Luxembourg register of commerce and companies under the number B 155.427. The Company is an authorised Management Company under chapter 15 of the Luxembourg law of 17 December 2010 relating to undertakings for collective investment.

You can download the public fund reporting for retail investors from our fund detail pages.

In addition, we offer an email service for special reports depending on the client group.

List of documents available:

• Factsheet update
• Portfolio overview
• VAR report & Stress Tests
• Solvency II reports
• Individual requests
• and others

Please do not hesitate to contact us for more information.

You can find information about your local paying and information agents on our Legal Notices page.

We have entered into a strong partnership with our custodian bank DZ PRIVATBANK S.A.

We are available to answer any questions you may have about a due diligence audit. Please do not hesitate to contact our team in Luxembourg.