Diversification beyond stocks and traditional bonds

You subscribe to a depot-eligible profit participation bond (Gewinnschuldverschreibung) (ISIN DE000A4AWHP7, WKN A4AWHP) — from EUR 1,000, in regular subscription windows. The capital funds a diversified portfolio of curated collectibles, which is gradually sold over the term. Proceeds, net of costs, flow back to investors.

The minimum subscription amount is EUR 1,000. Higher amounts can be subscribed in multiples of EUR 1,000.

The profit participation bond runs until 31 August 2034, i.e. around eight years. The issuer may extend the term twice by twelve months each, until 2036 at the latest, if collectibles could not be sold on economically reasonable terms. The investment phase is followed by the realization phase from September 2028: annual partial repayments of the principal from sale proceeds are planned — capital can flow back to you during the term. Whether and in what amount partial repayments are made is decided by the issuer based on sales performance; they are not guaranteed.

During the realization phase from September 2028, annual partial repayments of the principal from sale proceeds are planned — capital can flow back to you during the term. The remaining principal and the profit share are scheduled for the end of the term. The amount and timing of all payments depend on the sales performance of the portfolio; they are not guaranteed.

The basis of valuation is the documented purchase value of each collectible. From the start of the realization phase, the issuer performs quarterly portfolio valuations, which are consolidated into an annual valuation and externally validated. We will keep you regularly informed about the development of the portfolio.

At subscription, an issue premium (agio) applies, tiered by subscription amount: up to EUR 4,000: 2.00%; EUR 5,000–24,000: 1.50%; EUR 25,000–49,000: 1.25%; EUR 50,000–99,000: 1.00%; from EUR 100,000: 0.75%. On an ongoing basis, a management fee of 1.25% p.a. applies, based on the valuation of the collectibles portfolio. From the third year of the term, a flat fee of 0.625% p.a. for storage, maintenance and insurance is added, also based on the valuation. No exit, transaction or performance fees apply. Including further costs at issuer level, the total cost impact is approximately 2.14% p.a.; a complete overview of all costs and their effect on returns is provided in the key information document (Basisinformationsblatt) at www.collectible-invest.com/documents.

Collectible Invst is a subordinated profit participation bond; a partial or total loss of the capital invested is possible. Investors' claims are also subject to subordination with a pre-insolvency enforcement bar: payments are excluded to the extent that they would render the issuer insolvent or over-indebted. The value and saleability of the collectibles — and therefore the profit participation and the repayment — depend on market conditions and collector demand and can fluctuate. Solely the Key Information Document and the bond terms, including the risk warnings, at www.collectible-invest.com/documents are authoritative.

The notes are not traded on an exchange; ordinary termination during the term is not possible. At subscription, a 14-day right of withdrawal applies under the applicable consumer protection rules.

Fully digital in four steps: choose your amount (from EUR 1,000), complete the appropriateness assessment, verify your identity, pay. Subscriptions are processed in regular subscription windows with fixed execution dates.

The security is booked into your custody account under its own ISIN. Whether delivery is possible depends on your custodian bank.