Allianz Innovation 3
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 unquoted companies with high growth potential.
Allianz Innovation 3 was closed to subscriptions on 21/12/2001.
If you have any questions, do not hesitate to contact us by e-mail.
Fund presentation
Allianz Innovation 3 is the successor to Allianz Innovation 2, launched in 2000.
It is an FCPI ("fonds commun de placement dans l'innovation") or high-tech fund, i.e. a venture capital fund (VCF) with specific characteristics:
60% of assets invested in unquoted companies:
60% of the assets of an FCPI must be invested in innovative French unquoted 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 association).
The company must also satisfy a number of criteria:
- fewer than 500 employees
- majority of capital not held by a legal entity
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).
Allianz Innovation 3 in bref
| ISIN code of A share | FR0007063748 | | Original value | 2 177 euros (14 280,18 FRF) | | Entry fee | 5 % | | Administration fee | 3% per year of net assets | | Minimum subscription | 4,354 euros (2 shares, excluding entry fee) | | Subscription possible via | - AGF general agents
- W Finance asset managers
- Assurfinance advisors
- Entenial
- Banque AGF . | | Redemption | Possible from 01/01/2008.. | | Exit fee | No fee at term.
3% between 01/01/2008 and 31/12/2008. | | Transfers | Shares may be transferred freely but only by mutual agreement. | | Tax reduction | Tax reduction in the first year of 25% of the investment (including entry fees) up to a limit of 75,000 francs of investment for a single person and 150,000 francs 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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