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Our first sub-fund

P2P Lending Fund

The first sub-fund of Millennia SICAV RAIF is the P2P Lending Fund (“the Fund”), an innovative Fintech Fund investing in the thriving asset class of marketplace consumer lending (formerly known as peer-to-peer).

The Fund seeks to build attractive, risk-adjusted returns by investing in highly diversified portfolios of consumer loans with low volatility, low duration and a low correlation to other asset classes.

The portfolio is composed of loans segmented by maturities and risk profiles and granted to US prime borrowers only (as defined by the main credit bureau) by the main US online marketplace lenders.

The Fund is active in the Primary market (new originations) and secondary market (outstanding, performing loans).

The Fund is denominated in USD and offers share classes in USD, EUR (hedged) and CHF (hedged).

Track record1

Performance per share class April 2024 Trailing 3 Months Year-to-Date  Trailing 12 Months Performance Since Inception Volatility Since inception
Class A (USD) - 0.09 % + 0.02 % + 0.12 % - 0.41 % + 19.04 % + 2.00 %
Class B (EUR)  - 0.22 % - 0.44 % - 0.47 % - 2.55 % + 7.07 % + 2.08 %
Class C (CHF) - 0.43 % - 0.99 % - 1.22 % - 4.66 % + 3.22 % + 2.16 %

Cumulative performance1

1 Performances are net of fees. The information contained herein is purely for illustrative purposes and does not constitute an investment advice, or an offer to sell or the solicitation of any offer to buy or sell securities and/or any derivatives and may not be reproduced, further distributed or published by any recipient without prior permission from.  No representation, warranty, or undertaking, express or limited is given as to the accuracy or completeness of the information or opinions contained in this page. Past performance is no a guarantee of future returns.

Fund information

Domicile  Luxembourg
Vehicle Millennia SICAV RAIF
Liquidity Monthly2
Currencies USD / EUR /CHF
Currencies € 125’000 (or USD/CHF Equiv.)
ISIN & Bloomberg Class A (USD)

LU1787057923 – P2PLNDF LX

ISIN & Bloomberg Class B (EUR)

LU1787058061 – P2PFEUR LX

ISIN & Bloomberg Class C (CHF)

LU1787058145 – P2PFCHF LX

AIFM ADEPA Asset Management S.A.
Investment Advisor / GP Millennia S.à.r.l.
Depositary Banque des Patrimoines Privés
Administrative Agent Alcyon S.A.
Independent Valuer Mount Street Portfolio Advisers
Auditor Ernst & Young Luxembourg
Swiss Representative Agent Carnegie Fund Services SA
Swiss Paying Agent

Banque Cantonale de Genève

2 please see Offering Memorandum for further details

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