This website contains information on financial products and the funds established in different jurisdictions and tailored specifically for Professional (i.e. Qualified and Institutional) investors. Please consult the specific sections and material to obtain more information. If you are a Private Investor, you should ensure that you selected the correct investor category when entering the website, as failure to do so may result in you accessing material about funds and investment services which may not be suitable for you and/or may not be available for you to invest in. Access to the website is prohibited to any person who comes under a jurisdiction (in particular on account of his/her domicile or nationality and in certain cases on account of investor category) whose applicable laws and/or regulations prohibit the publication and/or provision of the website. Persons who are not authorized to access this site or its content due to their local regulations are requested to leave the site.

No offer

The information provided on this website is not intended to be a substitute for the funds’ documentation. Thus, the information available on this website shall not constitute an offer or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as the sole basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to the investor’s needs.


The information contained in this website does not constitute any legal or fiscal advice nor does it provide specific investment advice. Prospective investors should therefore inform themselves as to any securities, taxation or other legislation affecting them personally. Investment in any of the investment funds described herein can only be made based on the most recent prospectus, Key Information Documents, annual and semi-annual reports which are the only documents deemed to be official fund publications. The risk factors are described in the fund prospectuses. Past performance is not a guarantee of future performance. The price of shares of any investment fund described herein and income from them may go down as well as up and be affected by changes in rates of exchange. Financial markets are volatile and the risk of losing some or all of your investment is important. Finally, the performance shown does not take account of any commissions or costs charged when subscribing to or redeeming units.

The information and opinions featured on this website are presented for general information purposes only on the date indicated therein, respectively on the date they are first made available on the website. No guarantee is given, whether express or implied, as to the accuracy, reliability, up-to-date or completeness of the information provided on this website and any guarantee concerning the adequacy of the website for a given use is expressly rejected. Furthermore, any view or opinion expressed on this website is subject to alteration without notice.


QUAERO CAPITAL accepts no liability for any loss or damage of any nature whatsoever, whether direct, indirect or consecutive, arising from accessing, using, consulting or navigating its website, or from links to other websites. You use such links to any external websites entirely at your own risk. QUAERO CAPITAL does not verify the accuracy of the information provided on other websites mentioned on this website.

Disclosure in respect of Quaero Capital

Any reference to QUAERO CAPITAL in the material published on this website should be construed as being a reference to one or more of the legal entities, listed below, dependent on the particular jurisdiction in which it is being accessed.

Quaero Capital SA was established as a public limited company (société anonyme) under the laws of Switzerland on 22 April 2005 for an unlimited period of time. Its registered office is situated at rue de Lausanne 20bis, CH-1201 Geneva, Switzerland. It has been registered with the Company’s register of Geneva under the number CH-660-0921005-4 on 28 April 2005. The company is regulated as an Asset Manager of Collective Investment Schemes by the Swiss Financial Market Supervisory Authority FINMA. Each customer/investor of Quaero Capital SA is entitled to submit their claims to the Company (info@quaerocapital.com) and if, within a reasonable period of time, they consider that they have not received an appropriate answer, they may contact the Swiss Arbitration Association (ASA), Boulevard du Théâtre 4, 1204 Geneva, Tel.: +41 22 819 91 57, e-mail: ombuds-fin@scai.swisshttps://www.swissarbitration.org/centre/ombuds-fin.

Quaero Capital (France) SAS is an asset management company approved by the Autorité des Marchés Financiers (www.amf-france.org) under number GP-14000016 as of the 17 June 2014. It is a It is a simplified joint-stock company with a capital of EUR 1,000,000, with a registered office at 4-8 rue Daru, F-75008 Paris, France. Registered with number 802 673 491 at the register of commerce in Paris. The organisation chart of Quaero Capital (France) SAS is available on the following link. According to the regulations, Quaero Capital (France) SAS has the following policies: a voting policy, a best selection and execution policy, a conflict of interest management policy, a complaint handling policy and a policy regarding investment criteria following ESG principles and a remuneration policy according to AIFM and UCITS V guidelines. These documents are available on request from Quaero Capital (France) SAS, either via mail on 4-8 rue Daru, 75008 Paris or via e-mail on info@quaerocapital.com. Each customer/investor of Quaero Capital (France) SAS is entitled to submit their claims to the Company (info@quaerocapital.com) and if, within a reasonable period of time, they consider that they have not received an appropriate answer, they may write to the AMF Mediator (www.amf-france.org/Le-mediateur-de-l-AMF/Presentation) at 17, place de la Bourse, 75082 Paris cedex 2.

In accordance with the regulations, Quaero Capital (Luxembourg) has implemented the following policies: a policy for managing conflicts of interest, a policy for handling complaints, and a remuneration policy. These documents are available on request from Quaero Capital (Luxembourg) SA by mail at 4 rue de l’Eau, L-1449 Luxembourg, or by e-mail at info@quaerocapital.com.

Quaero Capital LLP is authorised and regulated in the United Kingdom by the Financial Conduct Authority with registered number 434203 as a full-scope AIFMD firm and has its registered office at 2-4 King Street, London SW1Y6QL United Kingdom.


None of the funds mentioned nor any of the related prospectuses shall be distributed to persons resident in any state in which the distribution of such funds or prospectuses is contrary to local laws and/or regulations. Such persons are forbidden to access this website. It is your responsibility to ensure that you are authorised to access this website. This website contains information on a number of funds registered and managed in different jurisdictions. Users will be required to indicate their place of residence before being allowed to access information relating to the said investment funds. Please note that access by private investors to the said information shall be limited to the investment funds authorised for sale to the public in their country of residence. The latest versions of the prospectus, Key investor information Documents (“KIIDs”), annual report and semi-annual report translated into the language of their country of residence conform with any requirements laid down in the laws or regulations of that country.

For Singapore investors, the investment funds mentioned in this website are not authorised or recognised by the Monetary Authority of Singapore and are not allowed to be offered to the retail public. They are exclusively intended for (i) institutional investors as defined under Section 304 of the Securities and Futures Act, Singapore Statute Cap. 289 (“SFA”), (ii) to a relevant person pursuant to Section 305(1), or any person pursuant to Section 305(2), and in accordance with the conditions specified in Section 305, of the SFA, or (iii) any other person otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA.

United Kingdom
Entities of Quaero Capital outside the United Kingdom are not covered by the standards and regulations for investor protection issued by the Financial Services Authority. UK residents have no right to claim compensation through the Financial Ombudsman Service following losses resulting from failure to comply with certain obligations arising from the relevant regulations.

United States of America
None of the investment funds mentioned on this website is or will be registered under the “United States Securities Act” of 1933, as amended. Similarly, the investment funds mentioned on this website are not and will not be registered under the “United States Investment Company Act” of 1940, as amended. Consequently, the above-mentioned investment funds must not in any circumstances be offered or distributed: (i) in the United States of America, in any of its States or in any other political subdivision of the United States of America, or (ii) to or on behalf of or for the benefit of any United States Person (as defined in Regulation S of the “United States Securities Act” of 1933).

Personal Data

All personal information provided via this web site (in particular your e-mail address), in accordance with the applicable laws and regulations will be considered as confidential. Nevertheless, QUAERO CAPITAL reserves the right to use personal information obtained which concerns you, in addition to technical and navigation information, such as browser type, Internet protocol address, pages visited and average time spent on this Internet site. Despite all the precautions in place, users of this site expressly agree that the Internet network does not constitute a secure means of communication of information and that they use the Internet at their sole risk. QUAERO CAPITAL will not be responsible for any loss or damage, which could result from the interception by third parties of the information, which is made available to you on this site. QUAERO CAPITAL will not be held responsible, in particular for loss or damage which may result from a breakdown or an interruption of this site or an error, omission, interruption, deletion, defect, delay of operating or transmission, computer virus, communication line fault or alteration, even if the circumstances causing the event may have been within the control of QUAERO CAPITAL or any provider of services or software assistance. QUAERO CAPITAL even if informed of the possibility of such damages, will shall not be held responsible for any type of damage suffered by you.


Quaero Capital and the other QUAERO CAPITAL brands mentioned on the website are registered trademarks or service marks of the Quaero Capital SA or its affiliated companies. Unless otherwise indicated, the entire website is protected by copyright. It is forbidden to reproduce (in full or in part), transmit (by electronic or any other means), amend, create a link to or use this website for any public or commercial purposes without the prior agreement of Quaero Capital SA.