Investment funds are popular with investors, but before financing them it is necessary to get professional advice and have the right knowledge. 

There are a number of various investment funds, which will be considered below. As professionals in capital investment and, in particular, financing funds, we provide our customers with counselling in the process of selecting proper investment funds. While doing that, we are always impartial and act to your benefit only, as ICFB is a financial institution, independent of issuing banks and companies. 

Investment funds offer investors various opportunities. Open (public) investment funds (Publikumsfonds) benefit from the greatest popularity. 

Investment funds collect investors' finance and direct it, depending on the investors' needs, to various investment spheres. A fund's objective is to gain profit from the assets, consolidated within the fund, and distribute this profit among the investors. 

Closed funds are obliged to present investment prospect and are established, as a rule, to realize certain projects. Their legal form is typically GmbH & Co. KG. This can be illustrated with the examples of shopping centres, sea-craft, wind and solar energy projects.

For projects lasting for 10 years and longer there is only limited opportunity to leave the closed fund. Although there is such notion as secondary closed fund market, its prices are nothing but random and unreal. 

As limited partners, investors also bear liability, equal to their investment amount. Corresponding fund structure also influences taxation.

An essential prerequisite for successful investing in this fund type is its profit, gained in the course of the corresponding project realization. 

The closed fund failure entails investment loss risk. Therefore this case always requires professional risk estimate.

Special funds are an individual asset complex (Sondervermögen) for institutional investors. 

Due to heavy expenses the volume of this fund is to amount to at least Euro 10 million. The advantage of this type of fund is providing major investors with the opportunity of individual investment conception construction. The investment committee enables an investor to have direct contact with the fund management, providing him with up-to-date information and control.  

ETFs (Exchange Traded Funds) – exchange traded investment funds – have become wide-spread lately and their popularity is still growing.

ETF is an investment fund in the form of an individual asset complex (Sondervermögen), which is exchange traded and in most cases has passive management strategy – for example, reproduces the index it is based on (e.g., DAX or REX).

Index reproduction advantage is that shares or bonds, included into the respective index, are actually purchased and constitute an individual asset complex. 

Due to low concomitant management expenses and wide diversification, this investment instrument by far prevails in investment portfolios of many institutional investors.

ETF are also supported by the fact that investment funds with active management in most part demonstrate worse profitability than their benchmark. 

ETF also provides investors with the necessary fund allocation by asset classes (Allokation). 

There are also so called hedge funds. By investing in them you protect yourself from risk. This strategy, as a rule, justifies itself only in the least efficient markets. Investing into these instruments requires adequate knowledge and experience.

ICFB is also always ready to advise you on all fund investment issues.