Fund database › Infrastructure
UBS Asset Management Switzerland AGLU2707658667Class Seeding-PF-acc
The UBS ELTIF invests in European infrastructure through primaries, co-investments and fund building blocks — with a limited greenfield share, as an ELTIF 2.0, launched in 2025, accumulating.
A hard three-year commitment period from the first subscription closing; thereafter quarterly redemption with three months' notice, capped per quarter and cumulatively per year — excess orders are filled pro rata, and orders once placed are irrevocable.
The minimum investment is regulated per share class; designed for retail investors with a good understanding of the market, registered in roughly seventeen countries, including Germany.
UBS opts for the commitment model of the insurer and bank products — a hard initial period instead of penalty fees — combined with a short recommended holding period: an unusual pairing that mirrors the distribution cycle more than the asset class.
Figures for class Seeding-PF-acc (LU2707658667) · product data 12 Oct 2026 · sources: prospectus (as at 24 Sep 2026), PRIIPs-KID — full list under 08 documents.
Since the data series began in Oct 2024, the unit price has gained 7.3% per year. The series is monthly; valuations of private holdings arrive quarterly and smoothed — the line is therefore calmer than the risk.
30 monthly values, 7 derived from monthly returns · Source: secondary source (data portal) · Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and dealing costs of reinvestment are not considered. Past performance is not a reliable indicator of future results.
What the prospectus permits: Primary and secondary target funds as well as co-investments, continuation funds and similar structures; focus on operating infrastructure assets with stable current income, no more than 20% of committed capital in new-build projects (greenfield)
Taxonomy of semiliquid.info; only published values are used, nothing is estimated. The actual portfolio breakdown is in 03 Portfolio.
16 holdings; the five largest account for 51.7% of the fund. 7.8% is held in the liquidity reserve — enough for 5 months of maximum redemptions.
How the reserve is invested: Bank balances and liquid assets 28.6%. It covers 5 months of the maximum net redemption (at most 20% per year under the gate) — what that means for redemptions is in 06.
Focus according to fund documents: Infrastructure (not broken down) 100%
Focus according to fund documents: Developed markets, not broken down 100%
Among the ten largest: 7 co-investments, 2 primary funds, 1 LP secondary.
Greenvolt, a Portuguese developer and operator of renewable energy headquartered in Lisbon, active in wind, solar, battery storage …
Cologix operates network-neutral interconnection and hyperscale data centers in North America, where network operators, cloud providers and enterprises use space and connectivity.
Feeder vehicle of Global Infrastructure Partners (part of BlackRock since 2024) for the "Polaris" program, which the annual report assigns to the transportation sector.
Co-investment vehicle of Stonepeak, a New York-based infrastructure investor, for Project “Ascend” in the US transportation and logistics sector.
Co-investment vehicle (Project “Homecoming”) alongside Macquarie European Infrastructure Fund 7 for a stake in airports in the United Kingdom or Europe.
Luxembourg strategic co-investment vehicle (SCSp) named "Constellation", through which an equity stake in an infrastructure asset with a European focus is held.
Undisclosed European infrastructure co-investment held through the Luxembourg vehicle Officium Co-Invest Partnership SCSp.
Luxembourg infrastructure fund (Jasminfra III SCA) that, according to the annual report, invests in energy and energy transition infrastructure with a focus on Europe.
UK holding company (Demeter Holdco Limited) through which the fund holds an infrastructure co-investment in the form of units; no further description is available.
EQT Infrastructure VI is EQT’s (Stockholm) sixth value-add infrastructure fund, vintage 2023, with around EUR 21.5 billion in commitments.
Positions and shares according to the provider; short descriptions by semiliquid.info from public sources; Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
With ongoing costs of 1.70%, class Seeding-PF-acc is well below the median of the asset class (2.42%). On top comes a performance fee of 10% above a hurdle of 7% — with a high-water mark.
For 50,000 EUR this means roughly 850 EUR per year.
For 50,000 EUR, a one-off up to 2,500 EUR on purchase.
Based on the PRIIPs key information document of class Seeding-PF-acc, hence comparable across providers. Median: 25 Infrastructure funds in this database, data run 16 Oct 2026.
Units can be subscribed monthly. The price is the NAV on the valuation day — it is not known when the order is placed.
the notice period may be waived by the Board; where the cut-off day does not fall on a …
Price = NAV per share on this day.
pre-funding: 0 business days after dealing day
An order placed today is invested in — days (—); the money is due on —. Miss the cut-off and you move to the next dealing day: cut-off —, invested from —.
Shown without a date because the prospectus does not quantify: NAV publication. The remaining markers are calculated from the prospectus rules.
| Frequency | monthly |
|---|---|
| Procedure | fully paid-in |
| Valuation day | last business day of the month |
| Cut-off | 18 calendar days before dealing day · 17:00 CET · (before the anchor date) |
| Price | valuation day |
| NAV publication | Valuation as at the last business day of the month; no publication deadline stated |
| Payment | pre-funding: 0 business days after dealing day |
| Minimum investment | EUR 50,000 |
| Entry charge (max.) | 5% (distributor) |
| Subscription limit | The Board may allow subscriptions without limit; requests may be accepted in whole or in part, deferred, queued or rejected |
| Revocation | retail 2 weeks from signing of the Subscription Agreement, free of charge |
| Business day | Supplement: any day (not Sa/So/public holiday) on which banks in Zurich and/or Luxembourg are generally open for business (p. 112) |
Dates calculated from the prospectus rules (bank holidays: CH, LU); only the transfer agent’s confirmation is binding. Data as at 12 Oct 2026 · Documents: 08.
Units can be redeemed quarterly — with a volume limit (Gate), lock-up 36 months. How quickly the money arrives and what happens if many want out at once is set out below.
Redemption notice period: 17:00 Luxembourg time on the last business day 9 calendar months before the …
Price = NAV per share on this day.
Redemption limits: on each redemption day at most the lower of (i) ELTIF RTS Annex I option 1 …
redemption day
A request made today is paid out on — — — days; from the cut-off to cash it is — days.
Shown without a date because the prospectus does not quantify: NAV publication. The remaining markers are calculated from the prospectus rules.
Money typically only after more than a year — on average 744 days from decision to cash.
Rank 87 of 112 · rank 14 of 23 in Infrastructure · 18 months lock-up · no fixed redemption fee
Money typically within a year — on average 197 days from decision to cash.
18 months lock-up — expired for existing holdings · no fixed redemption fee
Confidence high — prospectus complete, dates calculated, no assumptions in the value · prospectus as at 24 Sep 2026 · score run 16 Oct 2026 · How 744 days become 8 pointsThe score measures how quickly and reliably you can get your money out according to the prospectus — not whether the fund is good.
| Character | redemption right |
|---|---|
| Frequency | quarterly |
| Valuation day | quarter-end |
| Notice | 3 months before redemption day · 17:00 CET |
| Price | quarter-end |
| Payout | 60 calendar days after redemption day |
| Gate | 5% gross of NAV on the redemption day per quarter; cumulatively 15% p.a. (sum of the quarterly payments of the four preceding quarters). |
| Scaled-back portion | carried forward automatically to the next dealing day |
| Redemption fee (max.) | 0% |
| Lock-up | fund-level, 36 months (fund launch) |
| Suspension | market closed/restricted; valuation cannot be determined; disorderly liquidation or repatriation impossible |
| Liquidity tools | Redemption limits 5% per quarter / 15% p.a. or 33.3% of UCITS-eligible assets; discretionary redemption gate (AIFMD II) from 4% of NAV, pro rata. |
| Switch / transfer | permitted with the prior consent of the Board; no secondary market |
| Compulsory redemption | in the event of material detriment to the sub-fund, breach of law/tax rules, an ineligible holder or failure to maintain the minimum initial investment |
Redemption limits: on each redemption day at most the lower of (i) ELTIF RTS Annex I option 1 (33.3% of UCITS-eligible assets) and (ii) 5% of NAV, cumulatively 15% p.a. (four preceding quarters); in addition a discretionary AIFMD II gate from 4% of NAV (lowest monthly NAV of the three preceding months), pro rata; roll-over of up to 12 months.
Dual limit: no more than 5% of net asset value per redemption date AND 15% p.a. on a cumulative basis, calculated as the sum of the quarterly payout ratios of the preceding four quarters. Where requests exceed the limit, they are met pro rata (compulsory redemptions may be executed in full).
Dates calculated from the prospectus rules (bank holidays: CH, LU); only the transfer agent’s confirmation is binding. Data as at 12 Oct 2026 · Documents: 08.
9 classes. All cost and risk figures on this page refer to the basis class Seeding-PF-acc.
PRIIPs KID ✓: a key information document exists and is the source of the costs. —: no KID documented — the class is distributed outside the EEA or to investors not covered by the KID requirement, or the document is not available. The risk indicator differs by class (3 to 4); the key figures show the value of the basis class.
Who is behind the fund, where it may be distributed — and which documents were evaluated.
| Document | As at | Used for |
|---|---|---|
| Key information document (PRIIPs KID) created 17 Apr 2025 | 17 Apr 2025 | — |
| NAV series secondary source (data portal) | 31 Aug 2026 | Performance (01) |
| Positions and reserve | 30 Jun 2026 | Portfolio (03) |
All figures are taken from provider documents (product data as at 16 Oct 2026, distribution data as at 5 Oct 2026) and have not been conclusively verified.
Redemption quarterly, notice period 3 months before redemption day, with 5% gate per quarter. Subscribing today, it takes on average 744 days from decision to cash under the prospectus deadlines; a gate is not factored in.
Ongoing costs of 1.70% p.a. according to the PRIIPs KID for class Seeding-PF-acc; the median of the Infrastructure funds in this database is 2.42%; plus a performance fee of 10%.
50,000 EUR in class Seeding-PF-acc.
Not as a retail investor. According to our evidence, in Germany it is open only to semi-professional investors (as at 5 Oct 2026). The Access check shows the details.
As at 16 Oct 2026, no redemption restriction is documented for the UBS (Lux) Private Markets - Infrastructure Opportunities Fund. Under the prospectus a gate of 5% per quarter applies.
Same asset class, similar sub-strategy.
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Liquidity score in the “as of today” view with average days to cash. No recommendation, no ranking.