Incrementum All Seasons Fund EUR V EUR I EUR R EUR V CHF I CHF R USD I

Performance

Monthly performance in %

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2026 11.50 8.64 -1.91 0.18 - - - - - - - - 19.04
2025 3.86 -1.67 2.85 -2.21 1.54 -0.91 3.67 5.70 5.48 -0.29 5.61 3.08 29.69
2024 -1.14 -3.22 5.90 5.26 1.89 -3.82 1.28 -2.15 1.01 -1.14 -3.17 -3.71 -3.56
2023 5.86 1.68 -0.44 -1.56 -4.74 -2.05 4.69 -0.14 3.79 -1.10 -2.96 1.23 3.76
2022 - - - - 0.12 -8.57 3.40 1.11 -1.42 4.38 4.72 -1.67 1.40

Yearly performance in %

1 month 3 months 1 year 3 years 5 years since inception p.a. since inception
Fund -1.73 19.04 46.52 44.15 - 56.63 12.30

Fund features

Fund features on 01.04.2026

NAV: 156.63 EUR
Currency: EUR
ISIN: LI1178074509
WKN: A3DL28
Bloomberg-Ticker: IASEURV LE
Investment approach: diversified, value driven, no benchmark
Launch date: 20.05.2022
Fund size: 294.9 Mio. EUR
Minimum investment: none
Subscriptions / Redemptions: daily
Distribution policy: retention
Administrator: IFM Independent Fund Management AG
Custodian bank: Liechtensteinische Landesbank AG
Registered for sale: AT, CH, DE, LI
Savings plan: possible

Costs

Subscription fee: up to 5.00 %
Management fee: 1.750 % p.a.
Performance fee: none
Hurdle: none
High water mark: no
TER: 2.00 % (30.06.2025)
Administration and custody fee: 0.32 %

Fund allocation

Top 10 positions - 31.03.2026

WisdomTree Fixed Gold LMBA 8 %
Invesco Physical Silver 3 %
Uranium Resources Fund 2 %
Barings EM Local Debt Fund 2 %
Emerging Markets LC Bond Fund 2 %
Endeavour Mining 2 %
Glencore 1 %
Invesco Physical Platinum 1 %
Equinox Gold 1 %
Tidewater 1 %

Asset Allocation - 31.03.2026

Currency allocation - 31.03.2026

USD 32 %
EUR 24 %
XAU 18 %
JPY 14 %
GBP 4 %
XAG 3 %
HKD 2 %
NOK 2 %
XPT 1 %
CAD 1 %
XPD 1 %
AUD 0 %
DKK 0 %
SEK 0 %
NZD 0 %
CHF -3 %

Equity allocation - 31.03.2026

Energy 20 %
Gold and PM 11 %
Shipping 8 %
Miscellaneous 7 %
Other Commodity Producers 4 %
Emerging Market Value 4 %
Japan Value 3 %
Infrastructure / RE 2 %
Disrupting / Growth 2 %
Equity Index Short -33 %

Downloads

Factsheets

Monthly factsheet
Onepager

Constitutional and distribution documents

PRIIPS KID
Prospectus
Portrait (EN)
Annual report
Semi-annual report

Management commentary

Seasonal Reflections – 2601-en 30.01.2026
Season’s Greetings - 2025 17.12.2025
Seasonal Reflections – 2504-en 27.11.2025
Seasonal Reflections – 2503-en 29.07.2025
Seasonal Reflections – 2502-en 23.05.2025
Seasonal Reflections – 2501-en 23.01.2025
Season’s Greetings - 2024 19.12.2024
Interim Management Commentary – 18.12.2024 18.12.2024
Seasonal Reflections – 2404-en 27.11.2024
Seasonal Reflections – 2403-en 30.08.2024
Seasonal Reflections – 2402-en 31.05.2024
Seasonal Reflections – 2401-en 29.02.2024
Seasonal Reflections – 2304-en 26.11.2023
Seasonal Reflections – 2303-en 18.08.2023
Seasonal Reflections – 2302-en 17.05.2023
Seasonal Reflections – 2301-en 27.01.2023
Seasonal Reflections – 2205-en 25.11.2022
Seasonal Reflections – 2204-en 09.09.2022
Seasonal Reflections – 2203-en 08.07.2022
Seasonal Reflections – 2202-en 27.05.2022
Seasonal Reflections – 2201-en 04.03.2022
Season's Greetings / Frohe Festtage 2021 17.12.2021
Seasonal Reflections – 2104-en 09.12.2021
Seasonal Reflections – 2103-en 30.07.2021
Seasonal Reflections – 2102 15.04.2021
Seasonal Reflections – 2101 09.02.2021
Seasonal Reflections – 2009 22.01.2021
Season's Greetings / Frohe Festtage 2020 16.12.2020
Seasonal Reflections – 2008 16.10.2020
Seasonal Reflections – 2007 10.07.2020
Seasonal Reflections – 2006 12.06.2020
Seasonal Reflections – 2005 15.05.2020
Seasonal Reflections – 2004 09.04.2020
Seasonal Reflections – 2003 09.03.2020
Seasonal Reflections – 2002 14.02.2020
Seasonal Reflections – 2001 21.01.2020
Interview with IASF Fund Manager 19.01.2020
Season’s Greetings / Frohe Festtage 2019 17.12.2019
Seasonal Reflections – 1912 02.12.2019
Seasonal Reflections – 1911 01.11.2019
Seasonal Reflections – 1910 01.10.2019
Seasonal Reflections – 1909 02.09.2019
Seasonal Reflections – 1908 01.08.2019
Seasonal Reflections – 1907 01.07.2019
Seasonal Reflections – 1906 03.06.2019