i.The timing dilemma
“Is now a good time to invest?” is the question you always have to face and can never answer definitively. With annual puts per index, reinforced quarterly where indicated, the fund is constructed so that entry timing loses importance: upside participation remains permanently in place, the tail is systematically hedged.
ii.The client conversation
Clients do not dismiss managers in periods of modest performance; they dismiss them at the trough of severe loss years — usually after insisting on selling there too. The guarded equity sleeve gives you good reasons for the review meeting why the portfolio should stay invested: cushioned performance in times of crisis, fewer occasions for loss-threshold reporting, and one integrated position instead of two separate holdings, one of which is always at a loss.
iii.Clean mechanics
Daily-liquid Luxembourg UCITS, EUR-denominated, no performance fee, transparent, systematic rules you can explain in 2 minutes. And a retail class (R) alongside the institutional class (P), so the same building block works across mandates and portfolio models. No investment in other collective investment undertakings — the fund is target-fund-eligible (zielfondsfähig) for Dachfonds and Spezial-AIF construction.
| Access | Class R (no minimum, ISIN LU3255406210) for client portfolios; class P (from EUR 1m, ISIN LU3255406137) for your own books and large mandates. Daily dealing, 12:00 Luxembourg cut-off. |
|---|---|
| Support | Founder-led sessions for your investment committee; co-branded client-meeting support where appropriate; answers from the people who built the models. |
Every investment opportunity carries risk — opportunities and risks at a glance.
You don’t have to be perfectly oriented in the fog. You have to be positioned before it lifts.
Request intermediary materials Your enquiry reaches the founders directlyMarketing communication for professional investors and financial intermediaries. No offer or investment advice; suitability for end clients must be assessed by the intermediary. Detailed fund materials are not client information within the meaning of § 63 (6) WpHG and are provided to qualifying institutions only. Subscriptions only on the basis of the prospectus, PRIIPs KID and latest report of 1st IQ SICAV — QI Global Guarded Equity, registered for distribution in Luxembourg, Germany and Austria. The Guard mechanism reduces risk but is no guarantee against losses; capital loss is possible.
QI Global Guarded Equity is an actively managed subfund; it is managed without reference to a benchmark index. Investors acquire shares in the subfund and not the assets it holds. The sales prospectus and the key information document (PRIIPs KID) are available in German and English, free of charge, via the management company’s fund portal: Class P · Class R. A summary of investor rights is available in German and English. The management company may decide to terminate the arrangements made for the marketing of the fund in accordance with Article 93a of Directive 2009/65/EC. Future performance is subject to taxation which depends on the personal situation of each investor and which may change in the future. Opportunities and risks at a glance · Glossary.
Investment advice according to section 2 para. 2 no. 4 German Wertpapierinstitutsgesetz (WpIG) and investment brokerage according to section 2 para. 2 no. 3 WpIG shall be made on behalf of, in the name of, for the account and under the liability of the responsible legal entity BN & Partners Capital AG, Steinstraße 33, 50374 Erftstadt, according to section 3 para. 2 WpIG. BN & Partners Capital AG has a corresponding license from the German Federal Financial Supervisory Authority (BaFin) in accordance with section 15 WpIG for the prenamed financial services.