Imprint

Headquarter

AIF Alter­na­tive Invest Finance AG
Indus­tri­er­ing 3, P.O. Box 9
FL-9491 Ruggell
Prin­ci­pal­i­ty of Liecht­en­stein

Corporate Object

Asset Man­age­ment

Contact

Phone: +423 375 0333
Fax: +423 375 0335
E‑mail: info@aif.li
Web­site: www.aif.li

Memberships

Vere­in unab­hängiger Ver­mö­gensver­wal­ter in Liecht­en­stein
Ein­la­gen­sicherungs- und Anlegerentschädi­gungs-Stiftung SV Liecht­en­stein)
Liecht­en­steinis­ch­er Anlage­fondsver­band
Wirtschaft­skam­mer Liecht­en­stein

Supervisory Authority

Liecht­en­stein Finan­cial Mar­ket Author­i­ty

PGR provisions for the implementation of the 2nd Shareholder Rights Directive / SRD II in Art. 367 et seq. PGR

AIF Alter­na­tiv Invest Finance AG  (here­inafter “Com­pa­ny”) falls under the term “asset man­ag­er” pur­suant to Art. 367a para. 3 of Liecht­en­stein Per­son­al and Com­pa­ny Law (PGR) and must there­fore describe its par­tic­i­pa­tion pol­i­cy with­in the mean­ing of Art. 367h PGR.

• The com­pa­ny does not exer­cise any share­hold­er rights with­in the mean­ing of Art. 367h para. 1 para. 1 and 4 PGR, which are based on par­tic­i­pa­tion in the com­pa­nies in which the com­pa­ny has invest­ed in the con­text of asset man­age­ment man­dates. In par­tic­u­lar, no rights relat­ing to the gen­er­al meet­ings of pub­lic lim­it­ed com­pa­nies are exer­cised. The right to a prof­it share as well as to sub­scrip­tion rights are exer­cised in con­sul­ta­tion with the cus­tomers.
• The super­vi­sion of impor­tant mat­ters of the com­pa­nies with­in the mean­ing of Art. 367h para. 1 para. 2 PGR is car­ried out by tak­ing note of the statu­to­ry report­ing of the com­pa­nies in finan­cial reports and ad hoc announce­ments.
• An exchange of views with the cor­po­rate bod­ies and the stake­hold­ers of the com­pa­nies with­in the mean­ing of Art. 367h para. 1 para. 3 PGR does not take place.
• Coop­er­a­tion with oth­er share­hold­ers or oth­er rel­e­vant stake­hold­ers of the com­pa­ny with­in the mean­ing of Art. 367h para. 1 para. 5 and 6 PGR does not take place.
• In the event of con­flicts of inter­est with­in the mean­ing of Art. 367h para. 1 para. 7 PGR, a dis­clo­sure to the per­sons con­cerned takes place in accor­dance with the statu­to­ry pro­vi­sions and a clar­i­fi­ca­tion of the fur­ther pro­ce­dure with the same.
• An annu­al pub­li­ca­tion on the imple­men­ta­tion of the par­tic­i­pa­tion pol­i­cy with­in the mean­ing of Art. 367h para. 2 PGR does not take place because a cor­re­spond­ing man­age­ment of rights does not take place.
• A pub­li­ca­tion of the vot­ing behav­iour with­in the mean­ing of Art. 367h para. 2 PGR does not take place because par­tic­i­pa­tion in votes does not take place.

Information on the inclusion of sustainability risks (as at 01.01.2023)

This “Infor­ma­tion on the inclu­sion of sus­tain­abil­i­ty risks” is based on legal require­ments, includ­ing the imple­men­ta­tion of Reg­u­la­tion (EU) 2019/2088 of the Euro­pean Par­lia­ment and of the Coun­cil on sus­tain­abil­i­ty-relat­ed dis­clo­sures in the finan­cial ser­vices sec­tor (Dis­clo­sure Reg­u­la­tion). This dis­clo­sure is not intend­ed to pro­mote envi­ron­men­tal and social char­ac­ter­is­tics in our invest­ment strat­e­gy and finan­cial instru­ments.
Trans­lat­ed with DeepL.com (free ver­sion)

• Strate­gies for the inte­gra­tion of sus­tain­abil­i­ty risks (Art. 3 Dis­clo­sure Reg­u­la­tion)

Sus­tain­abil­i­ty risk is defined as an envi­ron­men­tal, social or gov­er­nance (ESG) event or con­di­tion whose occur­rence could have a sig­nif­i­cant neg­a­tive impact on the val­ue of an invest­ment. The AIF has been tak­ing sus­tain­abil­i­ty prin­ci­ples into account in its cor­po­rate gov­er­nance and invest­ment man­age­ment for years. As a result, sus­tain­abil­i­ty aspects are sys­tem­at­i­cal­ly incor­po­rat­ed into the invest­ment strate­gies. Despite this focus on sus­tain­abil­i­ty, the AIF has decid­ed not to align its invest­ment man­age­ment with EU reg­u­la­tions for the time being, as it con­sid­ers them to be too for­mal­is­tic, unclear and imprac­ti­cal. The leg­isla­tive process has not yet been com­plet­ed and there is no bind­ing def­i­n­i­tion of “sus­tain­abil­i­ty”. To avoid legal dis­ad­van­tages, the AIF there­fore declares that the invest­ment strate­gies and finan­cial instru­ments it uses do not com­ply with the prin­ci­ples of Art. 8 and 9 of the Dis­clo­sure Reg­u­la­tion. The AIF will con­tin­ue to mon­i­tor devel­op­ments in the area of sus­tain­abil­i­ty very close­ly and will adjust its pol­i­cy in this regard at the appro­pri­ate time.

• No con­sid­er­a­tion of adverse effects of invest­ment deci­sions on sus­tain­abil­i­ty fac­tors (Art. 4 Dis­clo­sure Ordi­nance)

Sus­tain­abil­i­ty risks can have a direct impact on the val­ue of invest­ments by ampli­fy­ing oth­er rel­e­vant risks, such as mar­ket risk, cred­it and coun­ter­par­ty risk, liq­uid­i­ty risk, legal risk, rep­u­ta­tion­al risk or oper­a­tional risk. Sus­tain­abil­i­ty risks can lead to a sig­nif­i­cant dete­ri­o­ra­tion in a com­pa­ny’s finan­cial pro­file, prof­itabil­i­ty or rep­u­ta­tion, among oth­er things, and thus have a sig­nif­i­cant neg­a­tive impact on the val­ue of the com­pa­ny. Fail­ure to take sus­tain­abil­i­ty fac­tors into account in invest­ment man­age­ment can have a neg­a­tive impact on the envi­ron­ment (e.g. cli­mate, water, bio­di­ver­si­ty), social inter­ests and employ­ee con­cerns and can also be detri­men­tal to the fight against cor­rup­tion and bribe

• Con­sid­er­a­tion of sus­tain­abil­i­ty risks in the remu­ner­a­tion pol­i­cy (Art. 5 Dis­clo­sure Ordi­nance)

The remu­ner­a­tion pol­i­cy of the AIF is in line with its cor­po­rate phi­los­o­phy and strat­e­gy as well as its val­ues, objec­tives and long-term inter­ests. The inclu­sion of sus­tain­abil­i­ty risks has no impact on the remu­ner­a­tion pol­i­cy of the AIF. The remu­ner­a­tion pol­i­cy does not incen­tivize the tak­ing of exces­sive sus­tain­abil­i­ty risks. Fur­ther details on the sub­ject of sus­tain­abil­i­ty and the above infor­ma­tion will be pro­vid­ed at the clien­t’s request.

Disclaimer

This dis­claimer is to be regard­ed as part of the Inter­net offer from which ref­er­ence was made to this web­site.  If parts or indi­vid­ual for­mu­la­tions of this text should not, no longer or not com­plete­ly  cor­re­spond to the applic­a­ble legal sit­u­a­tion, the remain­ing parts of the doc­u­ment remain unaf­fect­ed in their con­tent and valid­i­ty.

Liability for Content on this Website

The con­tents of our pages have been cre­at­ed with the utmost care. How­ev­er, we can­not assume any lia­bil­i­ty for the cor­rect­ness, com­plete­ness and top­i­cal­i­ty of the con­tents. As a ser­vice provider, we are respon­si­ble for our own con­tent on these pages in accor­dance  with gen­er­al laws. How­ev­er, we are not oblig­ed to mon­i­tor trans­mit­ted or stored third-par­ty infor­ma­tion  or to inves­ti­gate cir­cum­stances that indi­cate ille­gal activ­i­ty. Oblig­a­tions to remove  or block the use of infor­ma­tion in accor­dance with gen­er­al laws remain unaf­fect­ed by this. How­ev­er,  lia­bil­i­ty in this regard is only pos­si­ble from the time of knowl­edge of a spe­cif­ic infringe­ment. Upon becom­ing aware of such  vio­la­tions, we will remove this con­tent imme­di­ate­ly.

Liability for links on third-party websites

Our offer con­tains links to exter­nal web­sites. We have no influ­ence what­so­ev­er on the con­tent of these exter­nal web­sites.  There­fore, we can­not assume any lia­bil­i­ty for these third-par­ty con­tents. The respec­tive provider or oper­a­tor of the pages is always respon­si­ble for  the con­tent of the linked pages. The linked pages were checked for pos­si­ble legal vio­la­tions at the time of link­ing . Ille­gal con­tent was not dis­cernible at the time of link­ing. How­ev­er,  a per­ma­nent con­trol of the con­tent of the linked pages is not rea­son­able with­out con­crete evi­dence of a vio­la­tion of the law.  Upon becom­ing aware of legal vio­la­tions, we will remove such links imme­di­ate­ly.