Full participation, individually guarded.
The fund holds no equities directly. Exposure to the EuroStoxx 50, the Nasdaq-100 and the Dow Jones is built with liquid index futures over a base portfolio of high-quality public-issuer bonds. Each index is hedged on its own, in two layers:
Index futures on EuroStoxx 50, Nasdaq-100 and Dow Jones. One third each. No direct equity holdings.
An annual put per index with a strike around 90%. Upside participation is not sold away.
Bonds of governments, supranationals and public issuers of high credit quality, short duration.
Quarterly three-month puts per index, triggered and sized by QI's proprietary AI signal, based on alternative data like macro, market and sentiment indicators.
- ISIN / WKN
- LU3255406137 / A420L8
- Minimum investment
- EUR 1,000,000
- Initial issue price
- EUR 1,000
- Entry / exit fee
- none / none
- Investment-advisory fee
- ≤ 0.90% p.a.
- Performance fee
- none
- ISIN / WKN
- LU3255406210 / A420L7
- Minimum investment
- none
- Initial issue price
- EUR 100
- Entry fee
- up to 3.00%
- Investment-advisory fee
- ≤ 1.20% p.a.
- Performance fee
- none
Both classes: fund currency EUR · valuation each banking day (Luxembourg & Frankfurt) · order cut-off 12:00 Luxembourg time · settlement within two banking days · management-company fee ≤ 0.15% p.a. · depositary fee ≤ 0.10% p.a. · distribution fee ≤ 0.15% p.a. Complete and binding fee details are set out in the prospectus.
| Legal form | Luxembourg UCITS. An investment company with variable capital under Part I of the Luxembourg Law of 17 December 2010. |
|---|---|
| Inception | 1 May 2026 · first financial year ends 31 December 2026. |
| Management company | Hauck & Aufhäuser Fund Services S.A., Munsbach, Luxembourg. All investment decisions rest with the management company. |
| Depositary & paying agent | Hauck Aufhäuser Lampe Privatbank AG, Luxembourg branch. Also registrar and transfer agent. |
| Investment advisor | BN & Partners Capital AG (BaFin-licensed). QI Investment (QI Investment Advisory GmbH, Munich, and QI Investment S.à r.l., Luxembourg) acts as initiator and as contractually tied agent (§ 3 (2) WpIG) under the liability umbrella of BN & Partners Capital AG. |
| Risk profile | Return-oriented. Suited to investors who accept elevated risk and short-term capital fluctuation for medium- to long-term return potential. |
| Distribution | Registered for public distribution in Luxembourg, Germany and Austria. Facilities agent (Art. 92 Directive 2019/1160) for DE and AT: Hauck & Aufhäuser Fund Services S.A. Not available to US persons. |
| Principal risks | Market risk of equity indices, derivative and leverage risk, counterparty risk from OTC hedging, interest-rate risk of the bond portfolio, model risk of the signal layer. The Guard reduces, but cannot eliminate, loss risk. |
Subscriptions happen on paper, not on websites.
Shares may only be subscribed on the basis of the current sales prospectus together with the key information document and the latest report. All are available free of charge from the management company and paying agents; issue and redemption prices are published at hauck-aufhaeuser.com.
For financial intermediaries, banks and other BaFin-supervised institutions, a detailed fund presentation and portfolio analytics are available on request. These materials are not client information within the meaning of § 63 (6) WpHG and are provided to qualifying institutions only.
Due diligence starts with a conversation — and ours are held by the founders.
Request fund information Dr. Axel Stahmer & Dr. Christoph Wagner · Founders & Managing PartnersImportant legal information. This page is a marketing communication of QI Investment for information purposes only. It is neither an offer nor a solicitation to buy shares of the QI Global Guarded Equity (a subfund of 1st IQ SICAV), nor investment, legal or tax advice. Subscriptions are accepted exclusively on the basis of the current sales prospectus including the articles of incorporation, the key information document (PRIIPs KID) and the most recent annual or semi-annual report once available. These documents alone are binding.
The subfund is registered for distribution in Luxembourg, Germany and Austria. In other jurisdictions this page is not directed at any person to whom such distribution would be unlawful. Shares may not be offered, sold or delivered to US persons. The management company may terminate distribution arrangements in accordance with Art. 93a of Directive 2009/65/EC.
An investment in the subfund involves risks, including the possible loss of the capital invested. The QI Equity Guard is a risk-management mechanism and does not constitute a guarantee against losses; there is no assurance that the investment objective will be achieved. Where performance information is published in future, past performance will not be a reliable indicator of future results. Complaints and investor-rights information are available from the management company; investor-rights summary at www.hauck-aufhaeuser.com.
Investment advice according to section 2 para. 2 no. 4 German Wertpapierinstitutsgesetz (WpIG) and investment brokerage according to section 2 para. 2 no. 3 WpIG shall be made on behalf of, in the name of, for the account and under the liability of the responsible legal entity BN & Partners Capital AG, Steinstraße 33, 50374 Erftstadt, according to section 3 para. 2 WpIG. BN & Partners Capital AG has a corresponding license from the German Federal Financial Supervisory Authority (BaFin) in accordance with section 15 WpIG for the prenamed financial services.