Fund database › Infrastructure
GLS Investment Management GmbH · LU3000447279
ELTIF 2.0 Infrastructure Luxembourg Article 9 5 share classes ↓ Co-Investments Renewable Energy Core / Core+
Unit price (NAV) in EUR · share class A · 15 data points
Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and the trading costs of reinvestment are not taken into account. Past performance is not a reliable indicator of future results.
These come from the factsheet, the PRIIPs KID or the monthly report. They may relate to a different reference date, a different share class or a longer period than the series above — the series starts with the first documented unit price, not necessarily with the launch. That is why the values sometimes differ.
Target return per the provider: No official target return; investment objective 'attractive, risk-adjusted return'. PRIIPs scenarios class A (EUR 10,000, 7 years): stress -9.95 % p.a. / unfavourable -0.61 % p.a. / moderate 2.47 % p.a. (EUR 11,860) / favourable 4.68 % p.a. After 1 year: moderate scenario -2.00 %. KID note: average return over the recommended holding period 5.3 % before costs and 2.5 % after costs.
Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.
What the fund does and how the portfolio is put together.
Risk indicator 4 of 7 from the key information document (1 = low, 7 = high); it captures liquidity risks only to a limited extent.
Portfolio breakdown
Broken down using semiliquid’s common taxonomy — provider labels are mapped onto shared categories so that funds can be compared. Only published figures are used; nothing is estimated.
Strategy
The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.
| Management fee | 1.82% |
| Total ongoing costs | 1.82% |
| Entry charge max. | 4.00% |
| Redemption fee | 0.00% |
| Performance fee | 0.00% |
| Hurdle rate | 0.00% |
| High-water mark | not documented |
Median across 19 funds in this asset class in our database, based on the PRIIPs KID. No statement about quality — cost structures differ depending on the strategy and on target-fund layers.
How you get into the fund, and on what terms.
monthly pricing / entry once per month (handout: 'monthly pricing')
Semi-liquid means redemption only on fixed dates, with notice periods and upper limits. This is how it works for this fund — in the order the redemption process runs.
Units can be redeemed annually; notice must be given 360 days before the date; for the first 24 months after subscription no redemption is possible.
Annually: 'Shares may be redeemed as at 30 December of each year once the minimum holding period has been observed'
Specific cap not documented. Prospectus 12.3.2: 'The total amount of redemptions at each redemption date is limited to the percentage of the sub-fund's existing liquid investments laid down in section 4.4.2 of the Special Part'; where this is exceeded, execution is pro rata and the remainder is automatically carried forward to the next redemption date (no new application required). In addition section 13.4: redemption restriction where applications reach a threshold laid down in the Special Part; minimum settlement in the amount of the threshold pursuant to section 4.10. KID: restriction possible 'if shareholders' redemption requests reach a previously defined threshold'. The Special Part containing the percentages is not included in the prospectus text available.
12 months: 'The redemption notice period is 12 months' (KID); handout: '12 months redemption notice period'; prospectus: irrevocable redemption application, the period may be shortened by resolution of the board of directors or extended where investors' interests so require
Minimum holding period 2 years ('The minimum holding period is 2 years'); recommended holding period at least 7 years. Handout: '24 months minimum holding period'. Prospectus: redemption may be declared even before the minimum holding period has expired
5 classes known. All cost and risk figures on this page apply to LU3000447279.
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3000447279 | basis of this page | EUR 200,000 | 1.82% | 4/7 |
| LU3000447352 | not yet collected | not documented | not documented | not documented |
| LU3000447436 | not yet collected | not documented | not documented | not documented |
| LU3000447519 | not yet collected | not documented | not documented | not documented |
Costs, minimum investment and risk can differ markedly by class — check the key information document of the specific class before subscribing.
Who stands behind the fund, who it is authorised for — and what the figures rest on.
IPConcept (Luxemburg) S.A. – management company and manufacturer of the PRIIPs KID; regulated by the CSSF. Handout: 'Management company (AIFM): IP Concept (Luxemburg) S.A.'
DZ PRIVATBANK AG, Luxembourg branch, L-1445 Straßen, 4, rue Thomas Edison (handout: 'DZ Privatbank S.A.')
No launch date in the KID; KID preparation date 28 Jul 2026. KID: 'Due to the recent launch of the share class, no useful data on past performance can yet be made available to you.' Handout as at 1 Nov 2025. Term of the fund 99 years with no extension option
Listed as “GLS ELTIF - Energieinfrastruktur Fonds“ · fund type: EU/foreign ELTIF, open-ended, all investors · ID 70174733
'The sub-fund is aimed at all types of investors who pursue the objective of building or optimising wealth and who wish to invest over the long term. They should be able to bear losses up to the amount of the capital invested.' Retail investors may cancel their purchase of units within two weeks of the initial purchase (ELTIF right of withdrawal). Handout/disclaimer: both professional investors and retail investors
Germany (according to the provider); fund domicile Luxembourg.
Fund level (management company/AIFM IPConcept (Luxemburg) S.A., depositary DZ PRIVATBANK; investment adviser GLS Investment Management GmbH) as well as the level of the holdings/project companies. No target-fund or feeder structure – the sub-fund invests directly in energy infrastructure assets, supplemented by co-investments and secondary market transactions. Operational management of the holdings is performed by GLS Beteiligungs AG; its remuneration is not separately disclosed (not documented). GLS Bank is the main distributor and itself invests EUR 30m of equity
All figures come from our analysis of provider documents (product data as at 19 Aug 2026, distribution data as at 12 Aug 2026) and have not been conclusively verified.
Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.
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