United Growth MKB Fonds II
Managed by United Growth Fondsbeheer B.V.
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United Growth MKB Fonds II
Key Statistics
Target Return
7.2%
Launch Year
2026
Min. Investment
€100,000
Availability
Open for public
Structure
FGR
Product Category
Closed-end
Domicile
Netherlands
GP Type
Single
Liquidity Level
Medium (1-5 years)
Management Fee
0.85%
Carry
None (no performance fee per the EID); returns above 6% are retained in the fund and paid out at the end of the term
Currencies
EUR
Investor Eligibility
Retail
Liquidity Options
No interim exit
Highlights
Key Information Document (KID) – EU Funds
KID Risk Indicator
6 out of 7
Annual Returns (KID Scenarios)
Moderate
6.2%
Favorable
7.2%
Average Total Cost Level (KID)
0.95%
Allocations
Investment Strategy
Industry Focus
Information about fund
United Growth MKB Fonds II at a Glance
United Growth MKB Fonds II is a five-year Dutch fund for joint account that lends to SME entrepreneurs and property investors against mortgage rights on Dutch real estate. It is the second vintage from United Growth Fondsbeheer B.V., after MKB Fonds I in 2025, and was registered with the AFM on 14 April 2026. Participation starts at EUR 100,000. The fund targets 6% to 6.5% a year, paid monthly when liquidity allows, and its key information document places it in risk class 6 of 7. The manager uses the AFM light regime and has no AFM licence.
Key Figures
Target Return
6%-6.5% p.a.
Product page Sept 2026; campaign page 6.25%-6.5% net; a target, not a commitment
Minimum
EUR 100,000
Single participation threshold (EID 1 March 2026)
Term
5 years
Extendable twice by one year; no interim exit
Ongoing Costs
0.95% p.a.
0.85% management + 0.10% transaction; no entry, exit or performance fee
Risk Indicator
6 / 7
EID dated 1 March 2026; recommended holding period 5 years
Max Loan-to-Value
75%
Mortgage right plus private sureties from borrowers
Terms & Liquidity
| Legal Structure | Fund for joint account (FGR) under Dutch law, closed-end; legal owner Stichting United Growth MKB Fonds |
| Manager | United Growth Fondsbeheer B.V., Woerden |
| Supervision | AFM registration under the light regime (art. 2:66a Wft), fund ID 50040521 since 14 April 2026; no AFM licence, no AFM supervision |
| Distributions | Monthly from the third month, via repurchase of participations and only if liquidity allows; returns above 6% paid at the end of the term |
| EID Scenarios (5 yrs) | 5.2% (unfavourable), 6.2% (moderate), 7.2% (favourable) per year after costs; no stress scenario shown |
| Exit | No transfer to third parties; participations can only be sold back to the fund; minimum holding period 5 years |
| Documents | EID public; information memorandum and fund terms available from the manager on request |
Fund Contacts
Vincent Mathot
Operations Director / Account Manager
Bram Anvelink
Account Manager
Points to weigh. Fund II is new and has no track record, and neither fund publishes its loan book, number of loans or default history. The return figures do not line up: the product page says 6% to 6.5%, a campaign page 6.25% to 6.5% net, and the EID's cost section estimates 4.8% after costs, while the same EID calls the fund a stable investment with limited risk yet assigns risk class 6 of 7. The manager has no AFM licence. Money is locked in for five years, possibly seven, with no secondary market, and monthly payouts stop if the fund lacks cash. Loans are sourced by the fund's own intermediary. Mortgage rights and borrower sureties do not remove the risk of losing part or all of the investment.
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