Impact first

FEF is a closed-end, innovative impact-first sub-fund with a 15-year [extendable] tenor.

As an impact-first fund, FEF’s anticipated returns, projected in the low single digits, may not directly correlate with the associated level of risk.

FEF is composed of two distinct share classes, both allocated in equal measure:

Class G shares: Public investors seeking a social impact and wanting to leverage their investment with resources from the other investors.

Class H shares: Any investor qualifying as a “professional investor” (as defined in MiFID II).

Each share class is targeting different types of Investors, evidencing a different level of risk, offering a different target return and evidencing a different level of involvement in FEF’s governance. The two Classes of Shares form one single portfolio for investment.

Class G Shares have a protection system. If the value of Class H Shares drops below the subscription price, Class G Shares will cover the loss. They will allocate a portion of their value to Class H Shares until the value is restored or until Class G Shares have no value left. This happens every Valuation Day, and we keep track of the total amount allocated from Class G to Class H Shares.