For asset & wealth managers · Vermögensverwalter

Always invested, always guarded.

Every allocator knows the trap: markets look expensive, so you wait — and the rally runs without you. Or you invest — and wear the drawdown in the next client review. The Guarded Equity is built to retire that choice.

Always invested — the timing decision is retired Daily-liquid UCITS · classes for every book No performance fee — clean to embed
I.What matters to you

i.The timing dilemma

"Is now a good time to invest?" is the question you can never answer and never escape. With annual puts per index, reinforced quarterly, the position is designed so that entry timing carries less weight — participation stays on by design, the tail is systematically hedged.

ii.The client conversation

Clients don't fire managers for modest years; they fire them at the bottom of deep ones — usually after insisting on selling there too. A guarded equity sleeve gives you what the review meeting actually needs: a defensible reason the portfolio stayed invested, and worst months designed to be dampened. Behavioural alpha, on your side of the table.

iii.Clean mechanics

Daily-liquid Luxembourg UCITS, EUR, no performance fee, transparent systematic rules you can explain in two minutes — and a retail class (R) alongside the institutional class (P), so the same building block works across mandates and portfolio models. No target funds inside — the fund itself is target-fund-eligible (zielfondsfähig) for Dachfonds and Spezial-AIF construction.

II.What we deliver
AccessClass R (no minimum, ISIN LU3255406210) for client portfolios; class P (from EUR 1m, ISIN LU3255406137) for your own books and large mandates. Daily dealing, 12:00 Luxembourg cut-off.
SupportFounder-led sessions for your investment committee; co-branded client-meeting support where appropriate; answers from the people who built the models.
Founding-investor window — subscriptions until 25 September 2026Early investors keep partner-class terms for the long term.
Fund details

You don't have to call the fog. You have to be positioned when it lifts.

Request intermediary materials Your enquiry reaches the founders directly

Marketing communication for professional investors and financial intermediaries. No offer or investment advice; suitability for end clients must be assessed by the intermediary. Detailed fund materials are not client information within the meaning of § 63 (6) WpHG and are provided to qualifying institutions only. Subscriptions only on the basis of the prospectus, PRIIPs KID and latest report of 1st IQ SICAV — QI Global Guarded Equity, registered for distribution in Luxembourg, Germany and Austria. The Guard mechanism reduces risk but is no guarantee against losses; capital loss is possible.

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.