Patience. Focus. Commitment to quality. Covesto Patient Capital is an equity fund for investors who think like owners.

ISIN

DE000A2PR0E7

The Difference

[ 01 ]

Higher Portfolio Concentration

Unlike many equity funds, Covesto Patient Capital allocates a significantly higher share of its capital to the investment ideas with the most compelling risk-reward profiles. The top five positions typically represent ~40% of the fund’s total assets.

[ 02 ]

Deeper Business Understanding

The equity research process stands out for its depth, quality, and attention to detail. The goal is to develop an understanding of each holding that stays one step ahead of long-term consensus.

[ 03 ]

Avoiding Behavioral Pitfalls

The price of admission for attractive long-term returns is to endure volatility. The fund remains fully invested in nearly all market environments and avoids common behavioral pitfalls such as market timing, hedging, or reactive trading.

[ 04 ]

Personal Alignment

Fund advisor Timo Buss has invested nearly 100% of his liquid assets in the fund and increases this commitment each year. Other investors include family offices, fund-of-funds, and high-net-worth individuals.

[ 05 ]

A Clear Mission

The fund’s mission is to give good people more financial freedom — by providing straightforward access to entrepreneurial investing and by aiming for long-term average returns of >10% p.a.

Disclaimer:The information provided above by Covesto Asset Management GmbH does not constitute an offer or a recommendation to hold, purchase, or sell any financial instrument. The content is solely for non-binding informational purposes (marketing). For detailed information on opportunities and risks, please consult your bank or investment advisor, as well as the sales prospectus and the Key Information Document (PRIIP-KID).

Risk Notice: Investments in securities are generally subject to risks, in particular the risk of a total loss of the capital invested. The value of an investment may rise or fall. Investors may not recover the full amount they invested. The information contained in this publication is non-binding, and Covesto Asset Management GmbH does not assume any liability for its completeness, accuracy, or timeliness. There is no obligation to update or amend the contents to reflect future developments.

Fund Info

Strategy Change

01.01.2020

Launch Date – I Share Class

11.02.2020

ISIN

DE000A2PR0E7

WKN

A2PR0E

Full Name

Covesto Patient Capital I

External Rating (08/25)

High

Fund Type

UCITS

Equity Allocation

>51%

Investment Focus

Established Companies

Regional Focus

Global

Portfolio Concentration

Top-5: approx. 40%, Top-17: approx. 80%

Minimum Investment

None

Front-End Load

0.0% (subject to agreement)

Management Fee

1.34% (thereof: 1.00% advisor fee)

Distribution license

EN

Financial Year-End

31.07.

KVG / PM

HANSAINVEST

Custodian

UBS

PRIIP-KID

Prospectus

Top 10 Holdings

CAN
USA
USA
MX
FR
USA
SE
USA
UK
UK

As of December 2024

Disclaimer: The linked content is provided solely for non-binding informational purposes (marketing). It does not constitute an offer or a recommendation to hold, acquire, or sell financial instruments and does not qualify as investment research.

Target Group Notice: The linked content is intended exclusively for professional or semi-professional investors as defined in Section 67 (2) and (3) of the German Securities Trading Act (WpHG), who are resident or habitually located in Germany. By accessing this information, you confirm that you belong to this category of investors.

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