Performance
Monthly performance in %
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 9.22 | 3.59 | 6.55 | 0.53 | 3.99 | 3.71 | 0.41 | 10.22 | 9.27 | - | - | - | 58.06 |
| 2024 | - | - | - | - | - | - | - | - | -0.34 | 6.26 | -2.82 | -4.73 | -1.96 |
Yearly performance in %
| 1 month | 3 months | 1 year | 3 years | 5 years | since inception | p.a. since inception | |
|---|---|---|---|---|---|---|---|
| Fund | 13.12 | 20.91 | 52.18 | - | - | 54.96 | 54.05 |
Fund features
Fund features on 25.09.2025
| NAV: | 154.96 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: | 14.3 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: | 1.29 % (30.06.2025) |
| Administration and custody fee: | 0.29 % |
Fund allocation
Top 10 positions - 31.08.2025
| DEGV 10/15/25 | 9 % | |
| VanEck Junior Gold Miners UCITS ETF USD A | 4 % | |
| Xtrackers Physical Silver (EUR) ETC | 4 % | |
| Metal account XAG | 3 % | |
| Pan American Silver Corp | 3 % | |
| IShares Physical Silver ETC | 3 % | |
| Franco-Nevada Corp | 3 % | |
| Newmont 2.80% 01.10.2029 | 3 % | |
| Rio2 Ltd | 3 % | |
| WisdomTree Physical Swiss Gold ETC | 3 % |
Asset Allocation* - 31.08.2025
* Delta adjusted
Asset Allocation (Subcategories)* - 31.08.2025
*Delta-adjusted