Fund database › Infrastructure
HEP Kapitalverwaltung AG, Römerstraße 3, 74363 Güglingen - fund initiator and · LU3053689975
ELTIF 2.0 Infrastructure Luxembourg Article 9 5 share classes ↓ Primaries / Target Funds
Unit price (NAV) in EUR · 35 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 target return in the KID; investment objective 'competitive returns over the long term as well as continuous capital appreciation'. PRIIPs scenarios share class R (EUR 10,000 including entry charge): after 1 year stress -25.8 % / unfavourable -12.4 % / moderate -10.6 % / favourable -8.4 %; after 5 years stress -7.6 % / unfavourable -4.9 % / moderate +6.1 % (EUR 13,450) / favourable +10.8 %. The KID cost note states differently 18.9 % before costs and 15.3 % after costs over the recommended holding period.
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 3 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 | 2.10% |
| Total ongoing costs | 2.10% |
| Entry charge max. | 5.00% |
| Redemption fee | 0.00% |
| Performance fee | 25.00% |
| Hurdle rate | 4.00% |
| 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.
not documented in the KID (the daily subscription on each valuation day recorded to date is not documented here)
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 quarterly; notice must be given 360 days before the date; for the first 24 months after subscription no redemption is possible.
Quarterly: 'Investors may in principle request the redemption of units as at the last calendar day of a calendar quarter. If the redemption date does not fall on a valuation day, redemption takes place on the following valuation day.'
No cap in the KID. Only: 'The management company may suspend redemptions, in particular where the liquidity available in the fund is insufficient to meet all unit redemptions.' The 50 % limit on the freely available liquid assets recorded to date comes from the prospectus and is not contained in the KID
12 months' irrevocable notice as at the last day of a calendar quarter ('notice period of 12 months as at the last day of a calendar quarter')
Minimum holding period 24 months: 'A redemption is, however, only possible if the investor has held the units for at least 24 months and has given irrevocable notice of the redemption at least 12 months in advance.' Recommended minimum holding period 5 years
5 classes known. All cost and risk figures on this page apply to LU3053689975.
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3053689975 | basis of this page | not documented | 2.10% | 3/7 |
| LU3053689546 | not yet collected | not documented | not documented | not documented |
| LU3053689629 | not yet collected | not documented | not documented | not documented |
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3053689892 | not yet collected | not documented | not documented | not documented |
| LU3053690049 | 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.
HANSAINVEST LUX S.A., 19 rue de Flaxweiler, L-6776 Grevenmacher, Luxembourg – management company and PRIIP manufacturer; belongs to the SIGNAL IDUNA group; supervised by the CSSF
Donner & Reuschel AG, Luxembourg branch, Grevenmacher
No launch date in the KID. 'The fund has been established for a fixed term until 30 Jun 2124.' KID as at 10 Feb 2026. The portfolio build-up phase ends 5 years after the formation of the fund
Listed as “hep solar Invest ELTIF“ · fund type: EU/foreign ELTIF, open-ended, all investors · ID 70173887
'The fund is also distributed to retail investors and is aimed at all types of investors with a long-term investment horizon who are able to assess the risks of the investment. This is an illiquid investment ... Because of the term of more than ten years, the fund may not be suitable for you if you are not able to enter into such a long-term and illiquid investment. ... There is no obligation to make additional contributions beyond the capital invested. It is recommended that only a small part of the overall investment portfolio be invested in an ELTIF.' PRIIP authorised in Germany and Luxembourg
Germany and Luxembourg
MULTI-LAYERED: (1) fund level (AIFM/manufacturer HANSAINVEST LUX S.A., depositary Donner & Reuschel AG Luxembourg branch; investment adviser/initiator HEP Kapitalverwaltung AG); (2) the level of the 'intermediate actors or target funds' through which the investments are held according to the KID – additional management and performance fees may be incurred there; (3) project/asset company level of the photovoltaic and storage projects. Since the initiator hep solar is at the same time project developer, construction contractor and operations manager, there are structural conflicts of interest and potential margins outside the disclosed fund fees; no disclosure is made in the KID (not documented)
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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