Public Funds
The Munich Real Estate Fund.
The fund Catella MAX invests exclusively in the city of Munich and its surrounding districts. Centrally located properties and attractive development projects are the key targets: individual zones are identified in each sector – residential, commercial and retail – and prioritised as investment targets. The goal is to achieve a high level of diversification in terms of building type and tenant structure to complement the diversified economic construct of Bavaria‘s capital city.
Investing in development and refurbishment projects is also an option, whereby a "vacancy budget" serves to limit the rental risk on fund level to a maximum of 10%. In line with sector diversification, the fund invests in existing residential properties in the medium price range as well as in new residential development sites in attractive, up-and-coming districts. This is complemented by a focus on small and mid-sized office properties with average to excellent standards, in good locations and with the possibility to be leased in small rental units. Retail spaces within the inner city, eventually also with a need for refurbishment and reletting, and other building uses complete the sectoral diversification.
Fund facts
| Minium Investment Amount | 50.000 EUR | |
| WKN / ISIN | A0YFRV / DE000A0YFRV7 | |
| Clearstream Compliance | Yes | |
| Fund Launch | 24. February 2010 | |
| Fiscal Year | 01. June until 31. May |
Historical development
Documents Catella Max
Basic facts
- Factsheet (09/2023)
- Sales Prospect (05/2023)
- Basic Information Sheet (12/2023)
- Imposition of a Redemption Charge for the real estate fund Catella MAX
- Amendments to the General and Special Terms of Investment as of 01.01.2023
- Past Performance
- Past Performance Scenarios
- Past Cost Ratios
- Cancellation Cash Stop
- Exemption procedure for tax-privileged investors
- New-Ordering Process (05/2022)
Financial Reports
Available Investor Reportings
- Investor Reporting 10/2023
- Investor Reporting 09/2023
- Investor Reporting 08/2023
- Investor Reporting 07/2023
- Investor Reporting 06/2023
- Investor Reporting 05/2023
- Investor Reporting 04/2023
- Investor Reporting 03/2023
- Investor Reporting 02/2023
- Investor Reporting 01/2023
- Investor Reporting 12/2022
- Investor Reporting 11/2022
- Overview: Available Investor Reportings "Catella Max" (MAX)
Investor Relations
- Report of Investors Commitee Meeting 2023 (22.06.2023)
- Infomemorandum on the occassion of the investors committee meeting, 22 June 2023
- Infomemorandum on the distribution in September 2022
- Report of Investors Commitee Meeting 2022 (08.08.2022)
- Infomemorandum on the distribution in September 2021
- Report of Investors Commitee Meeting 09 July 2021
- Infomemorandum on the occassion of the investors committee meeting, 8th july 2021
- Infomemorandum on the distribution in September 2020
- Infomemorandum on the occassion of the investors committee meeting, 9th july 2020
- Report of Investors Commitee Meeting 22 July 2020
Distributions
| Date of Distribution | Distribution per unit | Tax-free portion (for units in private portfolios) |
|---|---|---|
| 1 September 2022 | 0.65 EUR | -* |
| 1 September 2021 | 0.40 EUR | -* |
| 1 September 2020 | 0.40 EUR | -* |
| 30 October 2019 | 0.15 EUR | -* |
| 2 September 2019 | 0.29 EUR | -* |
| 3 September 2018 | 0.18 EUR | -* |
| 22 December 2017 | 0.07 EUR | 12.54% |
| 12. September 2017 | 0.31 EUR | 51.38 % |
| 1. September 2016 | 0.37 EUR | 48.64% |
| 1. September 2015 | 0.40 EUR | 49.58% |
| 1. September 2014 | 0.27 EUR | 52.07% |
| 2. September 2013 | 0.32 EUR | 32.59% |
| 3. September 2012 | 0.33 EUR | 32.88% |
| 1. September 2011 | 0.37 EUR | 26.38% |
| 1. September 2010 | 0.04 EUR | 2.86% |
* The investment fund meets both the formal and the material requirements of section 20(3) sentence 1 no. 1 of the InvStG (in the version applicable since January 1, 2018). German private investors can therefore claim a partial exemption rate of 60% on distributions.
Disclaimer
The information and data are provided on a voluntary basis and may not be sufficient or suitable to support an informed investment decision without further explanations and additional information, in particular the relevant sales documents of the investment fund (e.g. sales prospectus, key investor information). It is therefore recommended that investors also read the sales documents carefully before making an investment decision and, in particular, consult their investment advisor and tax advisor if they have any questions.
