Performance
Monthly performance in %
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 9.15 | 3.50 | 6.45 | 0.41 | 3.90 | 3.62 | 0.55 | - | - | - | - | - | 30.71 |
| 2024 | - | -2.55 | 13.74 | 3.46 | - | - | 6.35 | -0.39 | 3.94 | 6.21 | -2.84 | -4.82 | 26.60 |
Yearly performance in %
| 1 month | 3 months | 1 year | 3 years | 5 years | since inception | p.a. since inception | |
|---|---|---|---|---|---|---|---|
| Fund | -1.76 | 6.60 | 33.21 | - | - | 65.48 | 42.61 |
Fund features
Fund features on 18.07.2025
| NAV: | 165.81 EUR |
| Currency: | EUR |
| ISIN: | LI1309461484 |
| WKN: | A4032M |
| Bloomberg-Ticker: | SMCAGEV LE |
| Investment approach: | Strategic gold allocation with active exposure management |
| Launch date: | 15.02.2024 |
| Fund size: | 11.4 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: | 1.500 % p.a. |
| Performance fee: | 7.50 % |
| Hurdle: | Outperformance vs. Gold Spot (EUR) |
| High water mark: | yes |
| TER: | 2.67 % (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