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Press Release BlackPoint NextGen Fund, 05/2024

BlackPoint Asset Management launches NextGen Fund on behalf of a single family office
 

BlackPoint Asset Management has launched the BlackPoint NextGen Fund (ISIN: LU2790891548 / WKN: A408PZ). This fund was initiated by a single family office and pursues a next-generation strategy that takes sustainability risks into account in the investment process. A combination of income, liquidity and future-oriented topics.

Munich, May 23, 2024. The Munich and Frankfurt-based asset manager BlackPoint Asset Management is launching its new, actively managed, benchmark-independent BlackPoint NextGen Fund. This is a mutual fund approved for distribution in Germany, Luxembourg and Austria as a further sub-fund of the umbrella fund BlackPoint, which is operated in collaboration with IPConcept (Luxembourg) S.A. was launched in Luxembourg. This makes the strategy designed for a single family office accessible to a wide range of investors.

The focus is on liquid investments consisting primarily of stocks and bonds that not only generate attractive returns but can also help protect the global ecosystem. The investment approach is based on identifying significant opportunities for companies that address previously unmet systemic needs in the medium and long term. Through broad diversification across different asset classes, sectors and regions, the fund invests in companies that pursue innovative business models and visionary approaches.

Investment focuses include the expansion of renewable energies, electrification in transport, construction and industry, as well as reducing CO2 emissions caused by waste and consumption. The portfolio management invests in companies from the energy, consumer goods, technology, mobility, healthcare and industrial sectors, among others. It relies on shares of small and mid-cap companies with disruptive potential as well as large caps with an attractive risk-return profile. BlackPoint Asset Management uses its proven and long-term fundamental approach to company analysis. In addition, the portfolio is supplemented with green bonds.

Eduardo Mollo Cunha, Managing Director and co-founder of BlackPoint Asset Management, comments: “The new mandate shows us that we are on the right track at BlackPoint. Our investment approach, which is guided by the highest level of transparency and maximum alignment of interests, is well received. With the BlackPoint NextGen Fund, we are also taking into account the demands of a new generation of investors: Millennials are playing an increasingly important role as investors – for them, future issues, transparency and digital access are essential factors.”

Alexander Pirpamer, Managing Director of Portfolio Management and co-founder of BlackPoint Asset Management, who manages the BlackPoint NextGen Fund together with Marcel Huber, emphasizes: “In our view, companies that contribute to solving urgent global challenges have high potential in the medium and long term. We select exactly these stocks for our BlackPoint NextGen Fund. We invest in companies that pursue innovative business models - across sectors, regions and company sizes. In this way, in combination with green bonds, we put together a diversified portfolio. Not only should the return be right, but ESG criteria should also be taken into account when selecting companies and issuers.”

The BlackPoint NextGen Fund is a regulated, cost-efficient mutual fund. It is available to family members of the client and their investor network as well as external investors and can be purchased in any portfolio. The fund is integrated on the “B2B2C” platform BlackPoint DIGITAL, where investors can purchase it completely digitally and web-based. The platform offers complete transparency and daily, money-weighted performance measurement. It is also ideal for advisors who want to offer their clients institutional-level asset management with little effort.

The BlackPoint NextGen Fund does not fall within the specific categories of an Article 8 or Article 9 fund under the EU Disclosure Regulation. Regardless, the fund is intended to make a positive contribution to society. Eduardo Mollo Cunha says: “The strict requirements of these articles alone do not ensure positive effects, but they do come with comprehensive reporting obligations. We are therefore pursuing our own investment concept that combines flexibility and efficiency in investing and positive social and ecological effects in one strategy.”


Presentation BlackPoint NextGen Fund

Overview BlackPoint NextGen Fund

Investment example (1) - Elevance Health

Investment example (2) - Kingspan

Investment example (3) - First Solar


 

Opportunities:

  • Broad diversification through flexible investment in different asset classes such as stocks and bonds etc.
  • Investment in companies that address previously unmet systemic needs in the medium and long term
  • Balanced portfolio

 

Risks:

  • The value of fund shares and the resulting income can fall or rise, particularly as a result of changes in the capital markets. In general, every investment involves the risk of loss of capital.
  • Weak relative development of the investment theme possible
  • Because the fund invests in bonds, the fund value can be affected both positively and negatively by changes in interest rates.

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