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responsAbility SICAV (Lux) Mikro- und KMU-Finanz-Fonds
Luxembourg
Last updated 11 May 2020, by Impactyield.
Fund geography
The responsAbility SICAV (Lux) Mikro- und KMU-Finanz-Fonds invests worldwide in the global micro, small and medium-sized enterprise (MSME) finance sector to support financial sector development. The portfolio comprises fixed or variable-interest debt securities with short to medium terms to maturity for the refinancing of the MSME loan portfolio. The fund makes limited investments in participants along the agricultural value chain.
Financial description
The responsAbility Mikrofinanz-Fonds portfolio comprises fixed or variable-interest debt securities with short to medium terms to maturity for the refinancing of the MFI loan portfolio. It distributes an annual dividend. We anticipate an average annual net return of 3-5% in EUR over a recommended investment horizon of 3-5 years.
17 years
of track record
2007
the year funded
561,208,309 EUR
AUM
Interested in this fund?
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Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Asset manager
responsAbility Investments
Headquarters location: Switzerland
Other funds managed by this asset manager: responsAbility Fair Agriculture FundresponsAbility SICAV (Lux) Micro and SME Finance LeadersresponsAbility Micro and SME Finance Fund
Impact Category
Key performance indicators
Fund overview
Asset manager: responsAbility Investments
Product track record: Fund has 17 years of track record
Target IRR: n.a.
Committed Capital: n.a.
Target return category: Risk-adjusted market-rate of return
Fund domicile: Luxembourg
Product status: Open - post first close
Style/Stage:
Inception year: 2007
Vintage year: 2007
Target region: Africa, Emerging countries
Target close date: n.a.
Product term: n/a
Assets under management: 561,208,309 EUR (Euro)
Investment size: Min: 0; Max: 0; Avg: 0
Co-investment policy:
Currency of investments: USD (US Dollar)
Currency for fund / product figures: EUR (Euro)
Fund investments to date: 377
Fund investments to date exited or repaid: 0
Management fee: 2.2%
Carried interest: n.a.
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Family Office, Pension Funds, Other Institutional Investors
Contact
E-mail: n.a.
Website: http://www.responsability.com/investing/en/1061/Product-overview.htm?Product=199...
Phone number: 41442543296.00
If you wish to have your details removed from this database please email gdpr@impactyield.com
Impact Performance
n.a.
Impact thesis
The responsAbility Mikrofinanz-Fonds invests in microfinance institutions in developing countries and emerging markets that provide affordable financial services to micro-entrepreneurs and people from low-income households. These savings facilities and loans strengthen financial independence. They also give wide sections of the population the opportunity to pursue a business activity, thus opening new prospects. To a limited extent the fund also invests in fair trade and focuses particularly on established organizations along the entire agricultural value chain.
The fund tracks the number of micro-entrepreneurs reached, the percentage of women receiving microloans and the breakout of rural vs urban.
Impact Management
n.a.