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 31.03.2025
| NAV: | 118.18 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: | 10.4 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: | - (02.04.2025) |
| Administration and custody fee: | 0.29 % |
Fund allocation
Top 10 positions - 28.02.2025
| VanEck Junior Gold Miners UCITS ETF USD A | 6 % | |
| Deutsche Boerse Commodities Xetra-Gold ETC | 4 % | |
| WisdomTree Physical Swiss Gold ETC | 3 % | |
| Northern Star 6.125% 04.11.2033 | 3 % | |
| Xtrackers Physical Silver (EUR) ETC | 3 % | |
| Barrick Gold 5.25% 01.04.2042 | 3 % | |
| Invesco Physical Gold ETC | 3 % | |
| Agnico Eagle Mines Ltd | 3 % | |
| Alamos Gold Inc | 2 % | |
| Wheaton Precious Metals Corp | 2 % |
Asset Allocation* - 28.02.2025
* Delta adjusted
Asset Allocation (Subcategories)* - 28.02.2025
*Delta-adjusted