KCD-Mikrofinanzfonds - III

Many people in developing and newly industrialized countries are unable to participate in economic life, even though they have sustainable ideas and often the necessary business knowledge and skills. The biggest obstacle they face is a lack of access to financial services.

Microfinance is a way to overcome this obstacle. Specialized microfinance institutions (MFIs) provide poor yet economically active women and men living in these countries with the support they need in the shape of microloans, which they can use to kick-start their economic livelihoods. Microfinance is a way to help people help themselves – to give them a chance to work their own way out of poverty.

A key element of this investment are the microfinance institutions in the countries themselves, who are there to advise and support borrowers, as well as offer them guidance about the products designed to meet their individual needs. Your money will therefore be put to work in the real economy.

By choosing to invest in our KCD-Mikrofinanzfonds - III, you will know exactly where your money is going, and you will be doing your part in helping to ensure a just world. This fund makes it possible for microfinance institutions to provide microloans. For many people, this could mean a gateway to a better life. Each loan a client receives will benefit both the borrower and those around them. Living conditions for the entire family will improve and you as an investor will see your investment grow producing attractive and stable financial returns.

Our proven KCD microfinance fund concept reflects the Christian and cooperative values which form the foundation of our corporate policy. Now we are also opening up this fund to private investors like you.

We have been active in the microfinance sector for just over fifteen years, and all the experience gained during this time has been put into developing the new KCD-Mikrofinanzfonds - III. Of course, selecting in-country microfinance institutions which impose strict quality standards is our top priority. The biggest advantage for investors is that we can offer an all-round investment package: BIB acts as creator, investor, fund manager and main distributor. For you, this means consistently high quality standards, low costs as well as quick and easy implementation of your choices. What's more, you can be certain that the fund's resources will be invested in the microfinance sector.

• minimum investment of EUR 1000
• payouts offered
• monthly purchasing
• quarterly returns possible
• initial sales charge of 3%

The sales documents (current sales brochure, management regulations and the most recent semi-annual or annual report) form the sole basis for the purchase of fund units. The most recent version of the sales documents and key investor information in German can be obtained in hard copy free of charge from the distribution and information agent, the custodian, the paying agents and the management company. Moreover, the sales documents can be viewed on the homepage of the management company (www.ipconcept.com). Information on opportunities and risks can be found in the most recent sales brochure.

LuxFLAG
The fund has been awarded the LuxFLAG label for the period from 1 April 2024 to 31 March 2025. Please note that this label makes no assurances regarding investor protection issues or the performance of the fund and the label assumes no liability in this regard.

• are looking for the opportunity to invest in microfinance
• are willing to accept moderate fluctuations in the value of your investment
• are looking for a long-term addition to your investment portfolio
• favour investment options which encourage sustainability

• do not wish your investment value to fluctuate moderately
• wish to pursue investments offering higher probability yields at a proportionately higher risk
• are looking for a short-term investment

• ethical investment – your money will help individuals become self-sufficient
• investment enables access to education as well as improve nutrition, healthcare and living situations for families
• investor has the opportunity to play a part in helping to develop the microfinance sector
• professional loan allocation process, which means a high-quality portfolio
• low currency fluctuations
• expected return exceeds money market level
• stable growth of microfinance markets
• logical addition to other types of investment, such as stocks and bonds
  
• diversified asset structure
• professional fund management

• risk of market-related rate fluctuations and earnings risk
• risk of drop in unit value as the result of individual contractual partners being late with payment or unable to pay (credit risk)
• exchange rate risk
• operational and custody risk resulting from e.g. external factors such as natural catastrophes or geopolitical events
• liquidity risk
• risks arising from changes made to regulatory frameworks
• individual investor's vision of sustainability may differ from the investment policy

The sales documents (current sales brochure, management regulations and the most recent semi-annual or annual report) form the sole basis for the purchase of fund units. The most recent version of the sales documents and key investor information in German can be obtained in hard copy free of charge from the distribution and information agent, the custodian, the paying agents and the management company. Moreover, the sales documents can be viewed on the homepage of the management company (www.ipconcept.com). Information on opportunities and risks can be found in the most recent sales brochure.

LuxFLAG
The fund has been awarded the LuxFLAG label for the period from 1 April 2024 to 31 March 2025. Please note that this label makes no assurances regarding investor protection issues or the performance of the fund and the label assumes no liability in this regard.

Cambodia is one of the world’s poorest countries. Many of its inhabitants live predominantly from agriculture. One of them is Lim Thaovarith. Lim is 51 years old and 20 years ago lost one of her legs in a landmine accident. Shortly afterwards, her husband left her and her two children. So she could carry on providing for her children as a single parent and make sure they had an education, she decided to start growing a root vegetable known as cassava.

Since 2008 Lim has received a number of microloans from VisionFund which she has used to good effect. VisionFund is a Christian non-profit organisation which, alongside microloans, offers its customers other financial services, such as microinsurance policies. Lim's initial loan was the equivalent of approx. USD 75. She later took out a larger loan, which was the equivalent of roughly USD 270. Her repayment schedule was adjusted to suit the seasonal harvest. VisionFund believed that Lim could become a successful farmer despite her disability.

She has now been able to expand her farmland from one to three hectares. Her family's living standards have improved and she can now even afford to build a new house. She hopes to be able to steadily expand her business in the years to come. Her dream is for her eldest son to train to become a mobile phone repairer and, if possible, for her other son to become a teacher.
_{Client: VisionFund Cambodia}

The sales documents (current sales brochure, management regulations and the most recent semi-annual or annual report) form the sole basis for the purchase of fund units. The most recent version of the sales documents and key investor information in German can be obtained in hard copy free of charge from the distribution and information agent, the custodian, the paying agents and the management company. Moreover, the sales documents can be viewed on the homepage of the management company (www.ipconcept.com). Information on opportunities and risks can be found in the most recent sales brochure.

LuxFLAG
The fund has been awarded the LuxFLAG label for the period from 1 April 2024 to 31 March 2025. Please note that this label makes no assurances regarding investor protection issues or the performance of the fund and the label assumes no liability in this regard.