The Precious Metals Champions Fund is an open-end fund incorporated in Liechtenstein. The Precious Metals Champions Fund offers the investor the opportunity to participate in an actively managed portfolio of mining companies active in the precious metals sector and this in a pragmatic sustainable way. This means considering sustainability criteria without losing sight for return. The Fund’s objective is to achieve long-term return.
A portfolio of precious metal equities reduces firm specific risks while it increases the commodity exposure. The Precious Metals Champions Fund invests in the top 25 precious metal producers based on our ICG Alpha Scorecard with an interesting geographical mix and strong focus on value, low cost and low financial leverage metrics.
Precious Metal companies are entering a phase of improving margins and the valuation is very low on a relative basis compared to the global equity markets. The precious metals industry is currently more profitable than at any point in recent history. Therefore, the market starts to look to these companies as good business, rather than just leveraged ways to invest in gold.
The Precious Metals Champions Fund consists of a unique combination of investments in the best precious metals companies but has a minimum gold investment strategy to protect the equity downside (dynamic active gold allocation strategy).
On this website the performance is updated only monthly. But daily performance is visible on all financial portals like Bloomberg
PMC NAV & Performance
| wdt_ID | Share Class | NAV (30.04.2023) | April | YTD | 2 Years | Since Inception |
|---|---|---|---|---|---|---|
| 2 | Class A | USD 144.7 | 4.9% | 14.3% | -7.6% | -3.5% |
| 3 | Class B* | USD 130.4 | 4.9% | 14.0% | -8.8% | -8.8% |
| 4 | Class F** | USD 177.6 | 4.8% | 18.4% | 18.4% |
*Inception 08. February 2021; **Inception 22. February 2023
More information and documents available on fundinfo or upon request.
| wdt_ID | Facts | PMC |
|---|---|---|
| 2 | Fund name | ICG Umbrella Fund - Precious Metals Champions Fund |
| 3 | Investment Manager | Independent Capital Group AG |
| 4 | Legal status | Liechtensteiner UCITS contractual fund |
| 5 | Due Diligence | Complementa and S&P |
| 6 | (Own DD reports available on request) |
| wdt_ID | Facts | PMC |
|---|---|---|
| 2 | Base currency | USD |
| 3 | Launch date | 02. June 2020 |
| 4 | Benchmark | NYSE Arca Gold Miners Index |
| 5 | Custodian | LLB Liechtensteinische Landesbank AG |
| 6 | Administrator | Accuro Fund Solutions AG |
| 7 | Auditor | PricewaterhouseCoopers AG |
| wdt_ID | Share classes | A - USD Class Institutional | B - USD Class Institutional | F - USD Class Retail |
|---|---|---|---|---|
| 2 | Bloomberg ticker | PRCMCFA LE | PRCMCFB LE | Pending |
| 3 | ISIN | LI0445625085 | LI0445625093 | LI1205084919 |
| 4 | Management fee | 0.60% p.a. | 1.20% p.a. | 2.0% p.a. |
| 5 | Min. subscription | USD 5'000'000 | USD 1'000'000 | 1 share |
| 6 | Trading frequency | Daily, no lock-up, no redemption fees | Daily, no lock-up, no redemption fees | Daily, no lock-up, no redemption fees |
If you would like to see the latest presentation of the Precious Metals Champions Fund (PMC), the ESG Quarterly Report and/or like to receive our monthly published commentary on commodity markets, please click the button below
