Die wichtigsten Performancetreiber waren die Turbinen-Hersteller GE Vernova und Siemens Energy, die ihre neuen mittelfristigen Wachstums- und Margenziele veröffentlichten. Zudem überraschten die Windturbinenhersteller mit neuen Aufträgen bei höheren Margen, so dass auch Vestas und Nordex positiv zur Performance beitrugen. Kurzfristig kursierte die Sorge, dass die Finanzierung der KI Investitionen zu herausfordernd wird. Daher belasteten bspw. Vertiv, Eaton oder Trane die Performance. Denn diese Unternehmen profitieren vom Ausbau der Rechenzentren. Anlehnend an die USA richtet sich Japan aus: Industrie soll zurückgeholt werden, Rechenzentren werden aufgebaut und müssen mit Strom versorgt werden. Während die USA aber primär auf Gas und Erneuerbare Energien setzt, muss Japan einen anderen Weg wählen. Dazu werden neue Turbinen oder neue Druckkessel bestellt, Kabel zur Übertragung werden ebenfalls benötigt. Entsprechend wurden neue Positionen bspw. in Fuji Electric, Kawasaki Heavy, Sumitomo Electric oder Japan Steel Works aufgebaut. Dadurch wurde das Gewicht in asiatischen Aktien um circa 8% auf 24% angehoben. Finanziert wurde es hauptsächlich aus der europäischen Nexans und der Kassen-Position. Auf 2026 blicken wir zuversichtlich. Nach dem Baustart einiger Megaprojekte und Ankündigungen weiterer Rechenzentren, sollten die Unternehmen in den kommenden Quartalen von steigenden Auftragsbüchern berichten, bevor die Umsätze und Gewinne ab Ende 2026 weiter steigen. Bei einer angemessenen Bewertung und dem höheren Gewinnwachstum sehen wir eine gute Grundlage für die künftige Entwicklung.
31.12.2025
Chancen
Nutzung der Wachstumschancen an den Aktienmärkten. Bei Anlage von Vermögenswerten in Fremdwährungen kann der Fondsanteilswert aufgrund von Wechselkursänderungen positiv beeinflusst werden. Absicherungschancen durch den möglichen Einsatz von Derivaten.
Risiken
Aktienkurse können marktbedingt starken Schwankungen unterliegen. Kursverluste sind jederzeit möglich, bis hin zum Totalverlust. Bei Anlage von Vermögenswerten in Fremdwährungen kann der Fondsanteilswert aufgrund von Wechselkursänderungen negativ beeinflusst werden. Beim Einsatz von Derivaten kann der Wert des Fonds stärker negativ beeinflusst werden, als dies bei dem Erwerb von Vermögensgegenständen ohne den Einsatz von Derivaten der Fall ist. Hierdurch können sich die Verlustrisiken und die Volatilität (Wertschwankung) des Fonds erhöhen. Bei marktengen Wertpapieren besteht zudem die Gefahr, dass im Fall der Veräußerung des Vermögenswertes dies nicht oder nur mit einem deutlichen Kursabschlag möglich ist.
Insbesondere weist der Fonds aufgrund seiner Zusammensetzung und des möglichen Einsatzes von Derivaten erhöhte Schwankungen des Anteilpreises auf.
Berechnung der Wertentwicklung: BVI-Methode (mit Ausnahme des Sparplans). Entwicklungen der Vergangenheit ermöglichen keine Prognose zukünftiger Ergebnisse.
Die hier angegebenen Laufenden Kosten fielen in der Regel im letzten Geschäftjahr an. Sofern das Sondervemögen noch kein volles Geschäftjahr bei der HANSAINVEST vollendet bzw. sofern es Änderungen der Kostenstruktur gegeben hat, handelt es sich um eine Schätzung. Nähere Informationen finden Sie in den Wesentlichen Anlegerinformationen sowie im Jahresbericht unter http://www.hansainvest.com/deutsch/fondswelt/download-center/.
Das Gesamtfondsvermögen bezieht sich auf das Fondsvermögen aller zum Fonds zugehörigen Anteilsklassen. Dabei wird das Gesamtfondsvermögen in der Währung der Anteilsklasse ausgewiesen, die als erstes aufgelegt wurde.
This website is issued and communicated by Hansainvest Hanseatische Investment-GmbH (hereinafter ”HANSAINVEST”). HANSAINVEST is a limited liability company incorporated in Germany under the company registration number HR B 12891. HANSAINVEST is authorised and regulated as an external management company (externe Kapitalverwaltungsgesellschaft) in accordance with section 20 paragraph 2 and section 21, as well as section 20 paragraph 3 and section 22, of the German Investment Code (Kapitalanlagegesetzbuch – "KAGB") by the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – "BaFin"), under BaFin identification number 10105509, as well as by the Deutsche Bundesbank under number 105509. Its registered office is at Kapstadtring 8, 22297 Hamburg.
Important legal information and terms of use
HANSAINVEST thanks you for visiting our website (the “Website”). Please read the following information and terms of use carefully before proceeding.
Restricted user access
This Website contains information and marketing materials related to investment funds (“Funds”) which may only be offered or distributed to investors located in certain countries and who qualify as a certain investor type.
By selecting a country of origin ("Country of Origin") and your type of investor ("Investor Type") and accepting this Disclaimer, you acknowledge and confirm that:
You are resident in, or accessing this Website from, the selected Country of Origin;
You qualify as the selected Investor Type; and
You are legally permitted to access the Website and its contents under the laws and regulations of your Country of Origin (a “Permitted Investor”).
The content of the Website has been tailored based on your selections so that you receive information and material relating to Funds which may be lawfully offered to your Investor Type in your Country of Origin.
Country of Origin: Further information
This website is exclusively intended for persons and entities who are resident in or accessing the Website from one of the following permitted Countries of Origin:
Austria, Belgium, Czech Republic, France, Germany, Greece, Hungary, Italy, Luxembourg, Poland, Slovakia, Spain (the “EEA Countries”); or
Switzerland.
The contents of this website are not intended for distribution to, or use by, any person or entity in any other jurisdiction or country where such distribution or use would be contrary to the applicable law or regulation.
Investor Type: Further information
For those within the EEA Countries: This Website and any information and/or communication contained herein is exclusively intended for use by and directed at individuals who are “professional clients” within the meaning given to this term by Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (recast) (“MiFID II”).
For those in Switzerland: This Website and any information and/or communication contained herein is exclusively intended for use by and directed at individuals who are “qualified investors” within the meaning given to this term by Article 10 of Swiss Federal Act on Collective Investment Schemes Act dated 23 June 2006, as amended (“CISA”).
High-net-worth private clients and private investment structures (“HNWI”) established for them who see, to declare that they wish to be treated as professional clients (opting out) pursuant to Article 5(1) of the Swiss Federal Act on Financial Services dated 15 June 2018 as amended (“FinSA”) and thereby classified as qualified investors should contact HANSINVEST at “[Email Address]”. Until a HNWI contacts HANSINVEST and makes the declarations required by Article 5(1) of FinSA, they will not be considered qualified investors for the purposes of accessing this website.
This Website is not directed at members of the general public or retail investors and the information contained in this Website must not be used or relied upon by retail investors.
Contents
The information included on this Website has been prepared for information purposes only. No representation, warranty, or undertaking, express or limited, is given by HANSAINVEST as to the accuracy or completeness of the information contained on this website. HANSAINVEST takes reasonable measures to ensure that the contents of this Website are up-to-date, accurate and complete. However, the underlying data may have changed, which means that content supplied is not necessarily always up-to-date, accurate and complete. As a result, HANSAINVEST assumes no liability for direct or indirect damage, including loss of earnings, incurred in connection with the use of content provided on this website. The same applies to the partial or complete inability to access or use, or any other difficulties in accessing or using the website. HANSAINVEST explicitly reserves the right to completely or partially modify, amend, delete or temporarily or permanently discontinue the website or individual sections thereof without prior or separate notification.
No offer, invitation or inducement
This Website contains information and documents which constitute marketing communications. None of the information contained on this website constitutes an offer to purchase or sell, or a solicitation by or on behalf of HANSINVEST of the shares in any Fund.
No investment Advice
Please note that the Funds referred to in this Website may not be suitable or appropriate for all investors. The fact that HANSAINVEST has made information available to you does not constitute advice, or a personal recommendation to buy, sell, hold or otherwise transact in any investment. You should seek the advice of your own independent authorised financial adviser or intermediary as to the suitability and or appropriateness of any investment product mentioned in this website before reaching any investment decision on the basis of any material or information contained on this website.
Availability of fund documents and other relevant information
Please refer to the prospectus and key information document (“KID”) for the relevant Fund before making any final investment decision. The prospectus, KID, articles of association, annual and semi-annual reports and, where applicable, the details of the Swiss representative and the paying agent of a Fund are available free of charge on this Website and from HANSAINVEST in Hamburg by contacting [X].
Tax considerations
The information on this website is based on assumptions about the application of current laws and tax rules. Since, however, tax treatment may change as a result of changes in legislation, court rulings or decrees issued by the financial authorities, HANSAINVEST disclaims any liability for any assumptions on tax treatment made on this website. Views expressed herein represent the current opinion of HANSAINVEST. These views and opinions may change at any time without prior notification. Any consideration of tax issues does not attempt to reflect all aspects of taxation that may affect individual investors depending on their personal circumstances. We therefore recommend interested investors to seek advice from a duly qualified tax consultant on the tax implications of buying, holding or selling investment fund units. HANSAINVEST does not guarantee the accuracy of the information provided herein.
Warning: Investment Risk
You should be aware that there are significant risks associated with any Fund outlined in this Website. A comprehensive list of risk factors is detailed in the Prospectus and the KID which is available on this Website and an investment should not be contemplated until the risks are fully considered.
Warning: Past Performance
You are reminded that past performance should not be seen as an indication or a guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. Investment in any Fund involves risks, which may include potentially the total loss of your invested capital. The price and the value of investments and income derived from them can fall as well as rise. Stock markets are volatile and subject to fluctuations. All derivative instruments and alternative investments are highly volatile and certain investments may be illiquid, over-the-counter and/or in non-publicly quoted securities or instruments or in financially distressed companies or instruments.
Proprietary Rights
The contents and design of this website are protected by copyright and other proprietary rights. The contents are for personal use only and not intended for commercial purposes. The accessing, copying and storage of all or part of the contents are only permitted if the source is clearly identified. All other activities including the use of trademarks or logos are only permitted with the explicit prior consent of HANSAINVEST. If you think that your trademarks and logos have been used by mistake and you wish them to be identified or deleted, please send an email to: info@hansainvest.com
Hyperlinks
The websites of other providers whose contents are not authorised or controlled by HANSAINVEST may contain hyperlinks. HANSAINVEST wishes to ensure that the contents of these sites are not attributed to HANSAINVEST solely as a result of the publication of a hyperlink. HANSAINVEST hereby distances itself from all explicit and implicit contents concealed behind these hyperlinks, including servers, third party postings, mailing lists, discussion forums or guest books. HANSAINVEST is not aware that the contents of other websites are in breach of the applicable law. Any such breach would naturally result in the removal of the relevant hyperlink. Hyperlinks to this Website or the inclusion or presentation of information on other websites are only permitted with the prior explicit consent of HANSAINVEST.
Validity
Should any of the provision hereof be invalid, illegal or unfeasible, this shall not affect the validity of the remaining provisions.
Applicable Law and Jurisdiction
This Website and the information and material contained therein shall be governed by the laws of the Federal Republic of Germany.
Liability
By entering this Website, you acknowledge and agree that the use of this Website is at your own risk and to the extent permissible by applicable law, in no circumstances, including (but not limited to) negligence, shall HANSAINVEST or any Fund be liable for any direct, indirect, incidental, special, consequential, or punitive damages, losses, costs or expenses nor for any loss of profit that results from the use of, or inability to use this site or any material on any site linked to this site (including but not limited to any viruses or any other errors or defects or failures in computer transmissions or network communications) even if we have been advised of the possibility of such damage. In addition, no liability can be accepted by HANSAINVEST or any Fund in respect of any changes made to the content of this site by unauthorised third parties. All express or implied warranties or representations are excluded to the fullest extent permissible by law.
Additional information for US Citizens
For the avoidance of doubt, the information and the Funds presented herein are not intended for distribution in the United States of America or to US persons (i. e. individuals that are either citizens or residents of the United States of America and / or are subject to US taxation as well as partnerships or corporations that have been incorporated under the laws of the USA, a US State, US territory or US possession). Fund units are therefore neither offered nor sold in the United States of America or to or on the account of US persons. Any subsequent transfer of investment fund units into the United States of America or to US persons is not permitted.
Acknowledgement
By clicking on “Accept”, you confirm that you:
You are resident or accessing the Website from the selected Country of Origin;
Meet the criteria of the Investor Type, as defined above in the section of this Disclaimer titled: ‘Investor Type: Further information’
Are not a US person; and
Have read the foregoing terms, conditions and notices, and agree to be bound by them.
If you cannot make the above confirmations, you are not permitted to use this Website and we must ask you to exit.
ToDo: deutsche Übersetzung
This website is issued and communicated by Hansainvest Hanseatische Investment-GmbH (hereinafter ”HANSAINVEST”). HANSAINVEST is a limited liability company incorporated in Germany under the company registration number HR B 12891. HANSAINVEST is authorised and regulated as an external management company (externe Kapitalverwaltungsgesellschaft) in accordance with section 20 paragraph 2 and section 21, as well as section 20 paragraph 3 and section 22, of the German Investment Code (Kapitalanlagegesetzbuch – "KAGB") by the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – "BaFin"), under BaFin identification number 10105509, as well as by the Deutsche Bundesbank under number 105509. Its registered office is at Kapstadtring 8, 22297 Hamburg.
Important legal information and terms of use
HANSAINVEST thanks you for visiting our website (the “Website”). Please read the following information and terms of use carefully before proceeding.
Restricted user access
This Website contains information and marketing materials related to investment funds (“Funds”) which may only be offered or distributed to investors located in certain countries and who qualify as a certain investor type.
By selecting a country of origin ("Country of Origin") and your type of investor ("Investor Type") and accepting this Disclaimer, you acknowledge and confirm that:
You are resident in, or accessing this Website from, the selected Country of Origin;
You qualify as the selected Investor Type; and
You are legally permitted to access the Website and its contents under the laws and regulations of your Country of Origin (a “Permitted Investor”).
The content of the Website has been tailored based on your selections so that you receive information and material relating to Funds which may be lawfully offered to your Investor Type in your Country of Origin.
Country of Origin: Further information
This website is exclusively intended for persons and entities who are resident in or accessing the Website from one of the following permitted Countries of Origin:
Austria, Belgium, Czech Republic, France, Germany, Greece, Hungary, Italy, Luxembourg, Poland, Slovakia, Spain (the “EEA Countries”); or
Switzerland.
The contents of this website are not intended for distribution to, or use by, any person or entity in any other jurisdiction or country where such distribution or use would be contrary to the applicable law or regulation.
Investor Type: Further information
For those within the EEA Countries: This website and any information and/or communication contained herein is intended for use by and directed at individuals who are not “professional clients” within the meaning given to this term by Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (recast) (“MiFID II”).
For those in Switzerland: This website and any information and/or communication contained herein is intended for use by and directed at individuals who are not “qualified investors” within the meaning given to this term by Article 10 of Swiss Federal Act on Collective Investment Schemes Act dated 23 June 2006, as amended (“CISA”).
Contents
The information included on this Website has been prepared for information purposes only. No representation, warranty, or undertaking, express or limited, is given by HANSAINVEST as to the accuracy or completeness of the information contained on this Website. HANSAINVEST takes reasonable measures to ensure that the contents of this Website are up-to-date, accurate and complete. However, the underlying data may have changed, which means that content supplied is not necessarily always up-to-date, accurate and complete. As a result, HANSAINVEST assumes no liability for direct or indirect damage, including loss of earnings, incurred in connection with the use of content provided on this website. The same applies to the partial or complete inability to access or use, or any other difficulties in accessing or using the website. HANSAINVEST explicitly reserves the right to completely or partially modify, amend, delete or temporarily or permanently discontinue the website or individual sections thereof without prior or separate notification.
No offer, invitation or inducement
This Website contains information and documents which constitute marketing communications. None of the information contained on this website constitutes an offer to purchase or sell, or a solicitation by or on behalf of HANSINVEST of the shares in any Fund.
No investment Advice
Please note that the Funds referred to in this Website may not be suitable or appropriate for all investors. The fact that HANSAINVEST has made information available to you does not constitute advice, or a personal recommendation to buy, sell, hold or otherwise transact in any investment. You should seek the advice of your own independent authorised financial adviser or intermediary as to the suitability and or appropriateness of any investment product mentioned in this website before reaching any investment decision on the basis of any material or information contained on this website.
Availability of fund documents and other relevant information
Please refer to the prospectus and key information document (“KID”) for the relevant Fund before making any final investment decision., The prospectus, KID, articles of association, annual and semi-annual reports and, where applicable, the details of the Swiss representative and the paying agent of a Fund are available free of charge on this Website and from HANSAINVEST in Hamburg by contacting [X].
Tax considerations
The information on this website is based on assumptions about the application of current laws and tax rules. Since, however, tax treatment may change as a result of changes in legislation, court rulings or decrees issued by the financial authorities, HANSAINVEST disclaims any liability for any assumptions on tax treatment made on this website. Views expressed herein represent the current opinion of HANSAINVEST. These views and opinions may change at any time without prior notification. Any consideration of tax issues does not attempt to reflect all aspects of taxation that may affect individual investors depending on their personal circumstances. We therefore recommend interested investors to seek advice from a duly qualified tax consultant on the tax implications of buying, holding or selling investment fund units. HANSAINVEST does not guarantee the accuracy of the information provided herein.
Warning: Investment Risk
You should be aware that there are significant risks associated with any Fund outlined in this Website. A comprehensive list of risk factors is detailed in the Prospectus and the KID which is available on this Website and an investment should not be contemplated until the risks are fully considered.
Warning: Past Performance
You are reminded that past performance should not be seen as an indication or a guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. Investment in any Fund involves risks, which may include potentially the total loss of your invested capital. The price and the value of investments and income derived from them can fall as well as rise. Stock markets are volatile and subject to fluctuations. All derivative instruments and alternative investments are highly volatile and certain investments may be illiquid, over-the-counter and/or in non-publicly quoted securities or instruments or in financially distressed companies or instruments.
Proprietary Rights
The contents and design of this website are protected by copyright and other proprietary rights. The contents are for personal use only and not intended for commercial purposes. The accessing, copying and storage of all or part of the contents are only permitted if the source is clearly identified. All other activities including the use of trademarks or logos are only permitted with the explicit prior consent of HANSAINVEST. If you think that your trademarks and logos have been used by mistake and you wish them to be identified or deleted, please send an email to: info@hansainvest.com
Hyperlinks
The websites of other providers whose contents are not authorised or controlled by HANSAINVEST may contain hyperlinks. HANSAINVEST wishes to ensure that the contents of these sites are not attributed to HANSAINVEST solely as a result of the publication of a hyperlink. HANSAINVEST hereby distances itself from all explicit and implicit contents concealed behind these hyperlinks, including servers, third party postings, mailing lists, discussion forums or guest books. HANSAINVEST is not aware that the contents of other websites are in breach of the applicable law. Any such breach would naturally result in the removal of the relevant hyperlink. Hyperlinks to this Website or the inclusion or presentation of information on other websites are only permitted with the prior explicit consent of HANSAINVEST.
Validity
Should any of the provision hereof be invalid, illegal or unfeasible, this shall not affect the validity of the remaining provisions.
Applicable Law and Jurisdiction
This Website and the information and material contained therein shall be governed by the laws of the Federal Republic of Germany.
Liability
By entering this Website, you acknowledge and agree that the use of this Website is at your own risk and to the extent permissible by applicable law, in no circumstances, including (but not limited to) negligence, shall HANSAINVEST or any Fund be liable for any direct, indirect, incidental, special, consequential, or punitive damages, losses, costs or expenses nor for any loss of profit that results from the use of, or inability to use this site or any material on any site linked to this site (including but not limited to any viruses or any other errors or defects or failures in computer transmissions or network communications) even if we have been advised of the possibility of such damage. In addition, no liability can be accepted by HANSAINVEST or any Fund in respect of any changes made to the content of this site by unauthorised third parties. All express or implied warranties or representations are excluded to the fullest extent permissible by law.
Additional information for US Citizens
For the avoidance of doubt, the information and the Funds presented herein are not intended for distribution in the United States of America or to US persons (i. e. individuals that are either citizens or residents of the United States of America and / or are subject to US taxation as well as partnerships or corporations that have been incorporated under the laws of the USA, a US State, US territory or US possession). Fund units are therefore neither offered nor sold in the United States of America or to or on the account of US persons. Any subsequent transfer of investment fund units into the United States of America or to US persons is not permitted.
Acknowledgement
By clicking on “Accept”, you confirm that you:
You are resident or accessing the Website from the selected Country of Origin;
Meet the criteria of the Investor Type, as defined above in the section of this Disclaimer titled: ‘Investor Type: Further information’
Are not a US person; and
Have read the foregoing terms, conditions and notices, and agree to be bound by them.
If you cannot make the above confirmations, you are not permitted to use this Website and we must ask you to exit.
ToDo: deutsche Übersetzung
This website is issued and communicated by Hansainvest Hanseatische Investment-GmbH (hereinafter ”HANSAINVEST”). HANSAINVEST is a limited liability company incorporated in Germany under the company registration number HR B 12891. HANSAINVEST is authorised and regulated as an external management company (externe Kapitalverwaltungsgesellschaft) in accordance with section 20 paragraph 2 and section 21, as well as section 20 paragraph 3 and section 22, of the German Investment Code (Kapitalanlagegesetzbuch – "KAGB") by the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – "BaFin"), under BaFin identification number 10105509, as well as by the Deutsche Bundesbank under number 105509. Its registered office is at Kapstadtring 8, 22297 Hamburg.
Important legal information and terms of use
HANSAINVEST thanks you for visiting our website (the “Website”). Please read the following information and terms of use carefully before proceeding.
Restricted user access
This Website contains information and marketing materials related to investment funds (“Funds”) which may only be offered or distributed to investors located in certain countries and who qualify as a certain investor type.
By selecting a country of origin ("Country of Origin") and your type of investor ("Investor Type") and accepting this Disclaimer, you acknowledge and confirm that:
You are resident in, or accessing this Website from, the selected Country of Origin;
You qualify as the selected Investor Type; and
You are legally permitted to access the Website and its contents under the laws and regulations of your Country of Origin (a “Permitted Investor”).
The content of the Website has been tailored based on your selections so that you receive information and material relating to Funds which may be lawfully offered to your Investor Type in your Country of Origin.
Country of Origin: Further information
This website is exclusively intended for persons and entities who are resident in or accessing the Website from one of the following permitted Countries of Origin:
Austria, Belgium, Czech Republic, France, Germany, Greece, Hungary, Italy, Luxembourg, Poland, Slovakia, Spain (the “EEA Countries”); or
Switzerland.
The contents of this website are not intended for distribution to, or use by, any person or entity in any other jurisdiction or country where such distribution or use would be contrary to the applicable law or regulation.
Investor Type: Further information
For those within the EEA Countries: This website and any information and/or communication contained herein is intended for use by and directed at individuals who are not “professional clients” within the meaning given to this term by Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (recast) (“MiFID II”).
For those in Switzerland: This website and any information and/or communication contained herein is intended for use by and directed at individuals who are not “qualified investors” within the meaning given to this term by Article 10 of Swiss Federal Act on Collective Investment Schemes Act dated 23 June 2006, as amended (“CISA”).
Contents
The information included on this Website has been prepared for information purposes only. No representation, warranty, or undertaking, express or limited, is given by HANSAINVEST as to the accuracy or completeness of the information contained on this Website. HANSAINVEST takes reasonable measures to ensure that the contents of this Website are up-to-date, accurate and complete. However, the underlying data may have changed, which means that content supplied is not necessarily always up-to-date, accurate and complete. As a result, HANSAINVEST assumes no liability for direct or indirect damage, including loss of earnings, incurred in connection with the use of content provided on this website. The same applies to the partial or complete inability to access or use, or any other difficulties in accessing or using the website. HANSAINVEST explicitly reserves the right to completely or partially modify, amend, delete or temporarily or permanently discontinue the website or individual sections thereof without prior or separate notification.
No offer, invitation or inducement
This Website contains information and documents which constitute marketing communications. None of the information contained on this website constitutes an offer to purchase or sell, or a solicitation by or on behalf of HANSINVEST of the shares in any Fund.
No investment Advice
Please note that the Funds referred to in this Website may not be suitable or appropriate for all investors. The fact that HANSAINVEST has made information available to you does not constitute advice, or a personal recommendation to buy, sell, hold or otherwise transact in any investment. You should seek the advice of your own independent authorised financial adviser or intermediary as to the suitability and or appropriateness of any investment product mentioned in this website before reaching any investment decision on the basis of any material or information contained on this website.
Availability of fund documents and other relevant information
Please refer to the prospectus and key information document (“KID”) for the relevant Fund before making any final investment decision., The prospectus, KID, articles of association, annual and semi-annual reports and, where applicable, the details of the Swiss representative and the paying agent of a Fund are available free of charge on this Website and from HANSAINVEST in Hamburg by contacting [X].
Tax considerations
The information on this website is based on assumptions about the application of current laws and tax rules. Since, however, tax treatment may change as a result of changes in legislation, court rulings or decrees issued by the financial authorities, HANSAINVEST disclaims any liability for any assumptions on tax treatment made on this website. Views expressed herein represent the current opinion of HANSAINVEST. These views and opinions may change at any time without prior notification. Any consideration of tax issues does not attempt to reflect all aspects of taxation that may affect individual investors depending on their personal circumstances. We therefore recommend interested investors to seek advice from a duly qualified tax consultant on the tax implications of buying, holding or selling investment fund units. HANSAINVEST does not guarantee the accuracy of the information provided herein.
Warning: Investment Risk
You should be aware that there are significant risks associated with any Fund outlined in this Website. A comprehensive list of risk factors is detailed in the Prospectus and the KID which is available on this Website and an investment should not be contemplated until the risks are fully considered.
Warning: Past Performance
You are reminded that past performance should not be seen as an indication or a guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. Investment in any Fund involves risks, which may include potentially the total loss of your invested capital. The price and the value of investments and income derived from them can fall as well as rise. Stock markets are volatile and subject to fluctuations. All derivative instruments and alternative investments are highly volatile and certain investments may be illiquid, over-the-counter and/or in non-publicly quoted securities or instruments or in financially distressed companies or instruments.
Proprietary Rights
The contents and design of this website are protected by copyright and other proprietary rights. The contents are for personal use only and not intended for commercial purposes. The accessing, copying and storage of all or part of the contents are only permitted if the source is clearly identified. All other activities including the use of trademarks or logos are only permitted with the explicit prior consent of HANSAINVEST. If you think that your trademarks and logos have been used by mistake and you wish them to be identified or deleted, please send an email to: info@hansainvest.com
Hyperlinks
The websites of other providers whose contents are not authorised or controlled by HANSAINVEST may contain hyperlinks. HANSAINVEST wishes to ensure that the contents of these sites are not attributed to HANSAINVEST solely as a result of the publication of a hyperlink. HANSAINVEST hereby distances itself from all explicit and implicit contents concealed behind these hyperlinks, including servers, third party postings, mailing lists, discussion forums or guest books. HANSAINVEST is not aware that the contents of other websites are in breach of the applicable law. Any such breach would naturally result in the removal of the relevant hyperlink. Hyperlinks to this Website or the inclusion or presentation of information on other websites are only permitted with the prior explicit consent of HANSAINVEST.
Validity
Should any of the provision hereof be invalid, illegal or unfeasible, this shall not affect the validity of the remaining provisions.
Applicable Law and Jurisdiction
This Website and the information and material contained therein shall be governed by the laws of the Federal Republic of Germany.
Liability
By entering this Website, you acknowledge and agree that the use of this Website is at your own risk and to the extent permissible by applicable law, in no circumstances, including (but not limited to) negligence, shall HANSAINVEST or any Fund be liable for any direct, indirect, incidental, special, consequential, or punitive damages, losses, costs or expenses nor for any loss of profit that results from the use of, or inability to use this site or any material on any site linked to this site (including but not limited to any viruses or any other errors or defects or failures in computer transmissions or network communications) even if we have been advised of the possibility of such damage. In addition, no liability can be accepted by HANSAINVEST or any Fund in respect of any changes made to the content of this site by unauthorised third parties. All express or implied warranties or representations are excluded to the fullest extent permissible by law.
Additional information for US Citizens
For the avoidance of doubt, the information and the Funds presented herein are not intended for distribution in the United States of America or to US persons (i. e. individuals that are either citizens or residents of the United States of America and / or are subject to US taxation as well as partnerships or corporations that have been incorporated under the laws of the USA, a US State, US territory or US possession). Fund units are therefore neither offered nor sold in the United States of America or to or on the account of US persons. Any subsequent transfer of investment fund units into the United States of America or to US persons is not permitted.
Acknowledgement
By clicking on “Accept”, you confirm that you:
You are resident or accessing the Website from the selected Country of Origin;
Meet the criteria of the Investor Type, as defined above in the section of this Disclaimer titled: ‘Investor Type: Further information’
Are not a US person; and
Have read the foregoing terms, conditions and notices, and agree to be bound by them.
If you cannot make the above confirmations, you are not permitted to use this Website and we must ask you to exit.