Targeted
Real Estate
Investments
Keller Zable
Stable Return
Investment Fund
Our investment advisory firm aim to generate for our stakeholders robust return, costant positive cash flows and value, granting transparency, market decorrelation and diversification.
KZ Stable Return is an open-ended real estate investment fund, based and ruled under Luxembourg regulation framework. It is AIFM-D authorized, and managed under CSSF (Commission de Surveillance du Secteur Financier - Stock Exchange Supervision Body) supervision.
Our Objectives
Our investment advice will leverage on a winning mix of high-quality real estate assets, securities, and liquidity, within a highly regulated and transparent framework such as the SICAV-SIF vehicle. The SICAV-SIF vehicle will enables us to meet also, in parallel with the business objectives mentioned above, high standard compliance and governance objectives: all vehicles will be managed under the supervision of the Luxembourgish financial authority (CSSF - Commission de Surveillance du Secteur Financier), a reference point in European funds structures. Moreover, a qualified and AIFM certified Management Company, a permanent and accurate risk management, independent directors, Custodian Bank, Auditors, Legal and Tax advisor, will constitute the governance "network" that will fit and fulfill the maximum security and transparency standards.
About us
We are an investment advisory firm located in Luxembourg, currently engaged as investment advisor of Luxembourg-based funds. Alternative concrete investments, shareholder returns and cash flows, decorrelation, diversification, transparency and governance are the keywords driving our day-by-day professional activity. The Investment advisor is a subsidiary of the Keller Zable Group. The Group, based in Lugano, Switzerland, operates in Real Estate as the best partner for selection and management of high-return development and investment deals, tailored for either institutional or private Clients. The Group has access to elite and premium real-estate portfolios, worth more than € 1.7 billions, that encompass in particular off-market assets. The Group offers a wide range of exclusive and highly differentiated real-estate services, together with value-adding consultancy and advisory of fiscal, administration, technical and financial nature, finalized to the optimization, consolidation and ultimate growth of portfolios. Moreover, our Group can assist in the creation and management of financial investment vehicles, such as Investment Funds and securitization. Our management has been operating for more than 16 years in the real-estate market, suggesting and effectively managing several investments and development projects. In addition, we have been managing for more than 10 years entire portfolios of real-estate assets of well-known families and companies, excelling in providing adding value services such as asset allocation and dynamic management of portfolios themselves. Our track record is such framework raised € 370 millions in total. All achievements mentioned above had been mad possible a unique work method Keller Zable RE Data Analysis System based on our self-developed mathematical model and automatic risk management.
Management Innovation
- Real time multi-level monitoring
- Analysis method based upon owned mathematic models
- Authomatic process managed by human know-how
- Real time business planning
Fund Goals
The objective of the Sub-Fund is to generate a stable and robust return for its shareholders, leveraging on the following strategic pillars:
- stable income generating steady and sustainable positive cash flows;
- high potential underlying assets, achieving along the investment lifecycle, contextual capital protection and overall net asset value growth;
- inflation-indexed yields, granted by transparent contractual conditions applied within the renting agreements in place for the targeted real estate assets;
- yields with either no or very limited correlation with market cycles and macro-economical events.
Fund Strategy
Keller Zable Stable Return
The Sub-Fund will invest at least two thirds of their assets in a portfolio of freehold and long leasehold properties in Europe including the United Kingdom, principally in Italy, Switzerland, France, Spain and Germany and eventually on a case by case basis, in other OECD countries, and focussing on commercial real estate, including infrastructural, office, retail and industrial assets. The remaining part (one third of their assets as maximum) will be invested in equity securities; innovative statistical and quantitative techniques will drive our investment decisions, aiming to achieve a positive return with low volatility and low correlation to market cycles The Sub-Fund will focus on creating both sustainable income and strong capital returns with a target equal to a total shareholder return of 5% to 7% per annum.
- stable income generating steady and sustainable positive cash flows;
- high potential underlying assets, achieving along the investment lifecycle, contextual capital protection and overall net asset value growth;
- inflation-indexed yields, granted by transparent contractual conditions applied within the renting agreements in place for the targeted real estate assets;
- yields with either no or very limited correlation with market cycles and macro-economical events.
Portfolio Performance
- 10,54% YTD
- 19,06% performance from launch
- 17.3 walt
-
119,06
Share price €
on 31st december 2018
Portfolio Performance
Fund Facts
Data Sheet
|
Domicile |
Luxembourg |
|
Structure |
AIFM Multi Strategy Real Estate |
|
Fund Currency |
EUR |
|
Launch Date |
June 1st, 2017 |
|
Management Company |
Selectra Man.co |
|
Transfer Agent |
Amicorp Luxembourg |
|
Fund Advisor |
Keller Zable Lux SA |
|
Auditor |
KPMG Luxembourg |
|
Appraiser |
Reworld srl |
|
Custodian Bank |
KBL |
|
Subscription Fee |
Up to 3% |
|
Management Fee |
Up to 2% |
|
Performance Fee |
20% on net cash flows with hurdle |
|
Min investment |
€ 125.000 |
|
NAV Calculation |
Monthly |
|
ISIN Code |
LU1366342670 (Class I) |
Contacts
L-1520 Luxemburg