Performance
In accordance with the EU regulation "MiFID" (Markets in Financial Instruments Directive), as well as its implementation in national law, information on performance may only be shown if it covers a period of at least 12 months.
Fund features
Fund features on 21.07.2025
| NAV: | 131.17 EUR |
| Currency: | EUR |
| ISIN: | LI1309461468 |
| WKN: | A40M39 |
| Bloomberg-Ticker: | SMCAGEI LE |
| Investment approach: | Strategic gold allocation with active exposure management |
| Launch date: | 20.09.2024 |
| Fund size: | 11.6 Mio. EUR |
| Minimum investment: | 500,000.- EUR |
| 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: | none |
| Management fee: | 0.500 % p.a. |
| Performance fee: | 10.00 % |
| Hurdle: | Outperformance vs. Gold Spot (EUR) |
| High water mark: | yes |
| TER: | 1.42 % (31.12.2024) |
| Administration and custody fee: | 0.29 % |
Fund allocation
Top 10 positions - 30.06.2025
| DEGV 10/15/25 | 15 % | |
| Metallkonto XAU | 5 % | |
| Fresnillo PLC | 3 % | |
| Newmont 2.80% 01.10.2029 | 3 % | |
| WisdomTree Physical Swiss Gold ETC | 3 % | |
| Pan American Silver Corp | 3 % | |
| Franco-Nevada Corp | 3 % | |
| Invesco Physical Gold ETC | 2 % | |
| Northern Star 6.125% 04.11.2033 | 2 % | |
| Kenorland Minerals Ltd | 2 % |
Asset Allocation* - 30.06.2025
* Delta adjusted
Asset Allocation (Subcategories)* - 30.06.2025
*Delta-adjusted