NovantigoEvergreen Funds & ELTIF Database

Non-ELTIF · Private Debt · Domiciled in Liechtenstein

EMF Microfinance Fund

Managed by Enabling Qapital, Switzerland. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.

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494
Funds tracked
50
Data points per fund
148
Private Debt funds
Monthly
AuM updates

About this fund

EMF Microfinance Fund is an open-ended private debt vehicle managed by Enabling Qapital, launched in 2013 and domiciled in Liechtenstein. It is structured as an AGmvK operating under the AIF regime rather than as an ELTIF, so the N/A field does not apply, and it is distributed on a pan-European basis to professional investors. Its microfinance strategy places it among 148 private debt funds covered on this page, out of 494 vehicles tracked in total; it is one of 2 funds domiciled in Liechtenstein and the only one of 1 combining that domicile with its asset class, data as of 31 Aug 2026.

The evergreen structure means capital is deployed through a continuously offered share class rather than a drawdown programme. Subscriptions are accepted on a monthly basis and redemptions are available monthly, subject to a notice period of 30 days, with pricing struck from a monthly NAV in the base currency of CHF. The entry threshold of 1,000 CHF is low relative to typical private markets minimums, which is consistent with the vehicle's open-ended design. The fund carries a summary risk indicator of 3 and is classified Article 9 under SFDR, reflecting a sustainable investment objective in line with the microfinance mandate.

Underlying exposure is lending to microfinance institutions, with portfolio allocation across regions shown under and current scale under , which can be compared against the 148 funds in the same asset class; the direction of travel in fund size is indicated by . Ongoing costs are set out in , which should be read alongside the monthly dealing mechanics when assessing the vehicle against its peer group.

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AuM history

17 readings on file

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Fees and costs

7 of 12 fee fields on file

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Peer comparison

147 comparable funds in the database

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Market analytics

League tables, AuM development and exports across 494 funds

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Inside every full profile35 locked fields

Fees & costs

  • Entry fee
  • Redemption fee
  • Management fee (retail, low)
  • Management fee (retail, high)
  • Management fee (institutional, low)
  • Management fee (institutional, high)
  • Early-investor fee
  • Fee basis
  • Operating expenses
  • Distribution fee
  • Total cost ratio
  • Performance fee
  • Hurdle rate
  • High-water mark

Portfolio construction

  • Fund-of-funds share
  • Primaries share
  • Secondaries share
  • Directs share
  • Co-investments share
  • Liquidity pocket
  • Europe allocation
  • North America allocation
  • Asia-Pacific allocation
  • Latin America allocation
  • Rest-of-world allocation

Terms & scale

  • Latest AuM
  • Target size
  • Target IRR
  • Life span
  • Redemption gate
  • Lock-up penalty
  • Leverage limit
  • Leverage (AIFMD)
  • Share classes
  • Master-feeder setup

Key facts

Structure

Manager
Enabling Qapital
Fund type
Non-ELTIF
ISIN
LI0146840744
Legal structure
AGmvK
Regulatory regime
AIF
ELTIF version
N/A
Fund structure
Open-End
Inception
01 Jan 2013
Base currency
CHF

Strategy

Asset class
Private Debt
Strategy
Microfinance
Geographic focus
Global

Liquidity

Subscription frequency
Monthly
Redemption frequency
Monthly
Notice period
30 days
NAV frequency
Monthly

Access & distribution

Investor type
Professional
Distribution scope
Pan-European
Distribution countries
Liechtenstein, Switzerland
Minimum investment
1,000 CHF
SFDR
Article 9
Risk indicator (SRI)
3 of 7
›Frequently asked questions
Who manages EMF Microfinance Fund?
EMF Microfinance Fund is managed by Enabling Qapital, headquartered in Switzerland.
What is the minimum investment for EMF Microfinance Fund?
The minimum investment is 1,000 CHF. The binding terms are in the fund documents.
How often can investors redeem?
Redemptions are monthly, with a notice period of 30 days.
What is an evergreen fund?
An evergreen fund is an open-ended private markets vehicle with no fixed end date: investors subscribe and redeem at recurring intervals instead of committing to a closed fund term.

Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of 31 Aug 2026.

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