Objectives
This investment offers tax exemption in the year of subscription and the prospect of long-term gain through access to the capital of innovative unlisted companies with high growth potential.
FCPI Allianz Innovation was closed to subscriptions on 31/12/99.
If you have any questions, do not hesitate to contact us by e-mail.
Fund presentation
Allianz Innovation is an FCPI ("fonds commun de placement dans l'innovation") i.e. a tax incentived venture capital fund.
60% of assets invested in unlisted companies:
60% of the assets of an FCPI must be invested in innovative European unlisted companies.
The innovative nature of a company is judged according to its spending on research and development, or whether it has been approved by the ANVAR (the French innovation administration).
40% of assets in a diversified portfolio of investments in the Euro zone:
The 40% are distributed across a balanced portfolio of share, bond and money market mutual funds in the euro zone.
FCPIs are subject to very specific regulations, with particular regard to limits on the holding of assets and the distribution of risk within portfolios.
FCPIs are subject to approval and auditing by the AMF (the French financial markets authority).
Principal technical characteristics
| ISIN code of the investment unit | FR0007036496 | | Original value | 15 000 FRF (2 286,73 euros) | | Maximum entry fee | 5 % | | Management fee | 3% per year of net assets | | Term of the fund | 31 December 2007 | | Redemption | Possible from 1/1/2007 | | Transfers | Shares may be transferred freely but only by mutual agreement | | Tax reduction | Tax reduction on entry of 25% of the investment up to a limit of 11,433 Euros of investment for a single person and 22,867 Euros for a married couple | | Tax exemption | Tax exemption (except social security deductions) on gains realised after five years |
This document does not constitute the regulatory specifications required by the AMF.
 If you have any questions, do not hesitate to contact us by e-mail
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