Klimavest ELTIF

Klimavest ELTIF is an open-ended ELTIF managed by Commerz Real Fund Management and domiciled in Luxembourg, where it operates as an FCP under the UCI Part II regime. It was launched in 2020 and was authorised under ELTIF 1.0, the framework in force before the regime was recast, and it is distributed on a pan-European basis to both retail and professional investors from a minimum ticket of 10,000 EUR in EUR. The mandate is infrastructure pursued through a core / core plus approach, and the vehicle is classified Article 9 under SFDR, placing sustainable investment at the level of the objective rather than as a binding characteristic. Portfolio exposure is spread as shown in .

The dealing mechanics are closer to an evergreen retail fund than to a drawdown structure: pricing is struck at a daily frequency, subscriptions are accepted daily and redemption requests can also be submitted daily, but they are subject to a notice period of 365 before settlement, alongside minimum holding requirements that apply from the point of entry. That combination means capital is continuously priced and continuously accessible on paper, while the actual exit path is deferred by the notice mechanism, which is the main device reconciling daily dealing with underlying illiquid infrastructure assets. The summary risk indicator for the vehicle is 2 on the PRIIPs scale. Assets under management stand at , with the recent direction indicated by .

Within the Novantigo universe of 494 vehicles as of 31 Aug 2026, it is one of 73 infrastructure funds, one of 347 domiciled in Luxembourg, and one of 57 that combine both. Ongoing charges are reported as , which can be read against the same peer groups when assessing the cost of daily-dealing infrastructure access.