Incrementum
Active Gold
Fund

“Safety gold” physically in your safe deposit box. “Performance gold” as a investment fund in your portfolio. The Incrementum Active Gold Fund, the strategic performance gold allocation for your portfolio.

Gold market participation

Acitve capital allocation

Dynamic portfolio construction

Performance gold allocation for your securities portfolio

The Incrementum Active Gold Fund invests its assets primarily in securities in the gold and mining sector. It also has the option of investing part of its assets in other precious metals such as silver. The foundation of the fund is the strategic portfolio construction, which includes mining stocks (large cap, mid cap, small cap), warrants, options, corporate bonds, metal accounts, as well as cash and money market instruments as building blocks. The weighting of the assets is adjusted according to market conditions through active beta management with the support of the proprietary Incrementum Active Aurum signal. The investment process of the Incrementum Active Gold Fund is completed by an active bottom-up selection of individual securities.

Incrementum Active Gold Fund
NAVEUR 198.03
Performance YTD10.21 %
Performance p.a.43.17 %
Fund Volume35.4 m EUR
Launch Date20.09.2024
Performance
Incrementum Active Gold Fund -EUR-I-
Current NAV–
Perf. over period–
Perf. since inception–
Period –
Performance Overview and Risk Figures

Performance in %

1 month3 months1 yearsince inceptionp.a. since inception
Fund13.644.6941.73100.9943.17

Monthly performance in %

JanFebMarAprMayJunJulAugSepOctNovDecYear
20268.5712.83-12.63-2.310.69-5.78-2.2313.64-1.478.59
20259.223.596.550.533.993.710.4110.2212.59-0.2310.703.4186.02
2024-0.346.26-2.82-4.73-1.96

Risk Figures

Figure2 YearsInception
Annualised Volatility22.31%22.27%
Sharpe Ratio1.671.71
% Positive57.17%¹57.14%¹
Worst Period-5.73%-5.73%
Best Period4.42%4.42%
Maximum Drawdown-21.74%-21.74%
Number of observations474476

¹ daily

Fund Allocation (at month end)

Top Holdings (Stocks)*

Wheaton Precious Metals Corp.3.0 %
Pan American Silver Corp.2.9 %
Eldorado Gold Corporation2.4 %
Newmont Corporation2.4 %
Coeur Mining, Inc.2.3 %

* Delta adjusted

Asset Allocation*

Precious Metals15.5 %
Stocks41.5 %
Corporate & Convertible Bonds17.8 %
Cash & Other Liquid Assets25.3 %
Total100.0 %

* Delta adjusted

Asset Allocation (Subcategories)*

Precious Metals15.5 %
Royalty & Streaming8.7 %
Large Cap22.6 %
Mid Cap9.7 %
Small Cap0.5 %
Corporate & Convertible Bonds17.8 %
Other Liquid Assets24.8 %
Cash0.4 %
ETFs0.0 %
Total100.0 %

* Delta adjusted

Stock and Precious Metal Allocation*

* Delta adjusted

Fund Data and Costs

Fund Data as of 24.09.2026

NAVEUR 198.03
CurrencyEUR
ISINLI1309461468
WKNA40M39
Bloomberg TickerSMCAGEI LE
Investment approachStrategic gold allocation with active exposure management
Launch date of fund15.02.2024
Launch date of unit class20.09.2024
Fund volume35.4 m EUR
Minimum investmentEUR 500'000.--
Cut-off subscriptions and redemptionsDay prior to valuation day by no later than 12.00 noon (CET)
Liquiditydaily
Use of incomereinvested
Fund typeUCITS
Eligible as UCITS target fundyes
SFDR classificationArticle 6
SRI according to PRIIP KID5
Management companyIFM Independent Fund Management AG
FL-9494 Schaan
www.ifm.li
CustodianLiechtensteinische Landesbank AG
FL-9490 Vaduz
www.llb.li
Distribution to private investorsLI, DE, AT, LU
Distribution to professional investorsLI, DE, AT, CH, LU
Savings plan eligibleYes
Taxable value Austriayes
Taxable value AustriaTaxable value Austria
Taxable value Switzerlandyes
Taxable value SwitzerlandTaxable value Switzerland
Information taxable value GermanyInformation taxable value Germany

Costs

Issue premium0%
Management feemax. 0.5%
Performance fee10.00%
HurdleXAU;EUR; Gold Spot USD/Oz
High Water Markyes
TER1.29%
Administration fee0.20% or min. CHF 40'000.-- p.a. plus CHF 5'000.-- p.a. per unit class from the 2nd unit class onwards
Depositary fee0.09% oder min. CHF 10'000.-- p.a. zzgl. Service-Fee von CHF 420.- per quarter
Legal Documents and Reports
Marketing Documents
Organisation and Distribution Partners

Organisation

Management companyIFM Independent Fund Management AG
FL-9494 Schaan
www.ifm.li
Asset ManagerIncrementum AG
FL-9494 Schaan
www.incrementum.li
DepositaryLiechtensteinische Landesbank AG
FL-9490 Vaduz
www.llb.li
AuditorErnst & Young AG
CH-3008 Bern
www.ey.com
Supervisory authorityFMA Finanzmarktaufsicht Liechtenstein
FL-9490 Vaduz
www.fma-li.li
Facility agent GermanyIFM Independent Fund Management AG
FL-9494 Schaan
www.ifm.li
Contact and information agent AustriaErste Bank der österreichischen Sparkassen AG
AT-1100 Wien
www.sparkasse.at
Facility agent LuxembourgIFM Independent Fund Management AG
FL-9494 Schaan
www.ifm.li

Distribution

Distribution to private investorsLI, DE, AT, LU
Distribution to professional investorsLI, DE, AT, CH, LU
Sales restrictionsUSA
Questions and Answers
What is the fund’s reference number?

Each share class has its own International securities identification number (ISIN). Select the desired share class from the list above and then click on the ‘Fund Data and Costs’ accordion.

Contact us!

You have questions about our product or want to arrange a personal meeting?

+423 237 26 66

Email iagf@incrementum.li