|
The Single
Malt Fund, the world’s first regulated
whisky fund.
A Swedish entrepreneur and whisky
enthusiast, Christian Svantesson, is
offering investors with a passion for
whisky an opportunity to invest in the
world’s first regulated single malt
whisky fund.
"The Single Malt Fund" will provides
investors with the opportunity to
indirectly own a small part of a large
collection of rare and limited-edition
whiskies which will be selected by five
internationally acclaimed portfolio
managers. In addition to investing in
the fund, whisky fans will also have the
opportunity to buy single bottles from
the fund’s online inventory as the fund
realises its investments. Sales will be
managed through its own website, where
rare whisky will be made available to
investors before going up for sale on
the open market.
The fund has been launched on the back
of soaring demand for rare whisky from
investors, connoisseurs and collectors
across the world, it requires a minimum
starting investment of €1,000 will be
supervised by the Swedish Financial
Supervisory Authority and has received
approval to launch on the Nordic Growth
Market (NGM) exchange in Stockholm,
Sweden, making it the world’s first
regulated and publicly listed single
malt whisky fund. Scheduled to liquidate
after six years, the Fund offers a
target return rate of 10% per annum.
Figures from rare whisky analysts and
brokers, Rare Whisky 101, show that the
returns produced by rare whisky over the
past few years have outstripped many
other alternative and traditional asset
classes. The RW Apex 100 (the world’s
top 100 performing bottles) has climbed
485% since 2010.
Between 2013 and 2017, the average price
per bottle of rare whisky bought at
auction in the UK has climbed from
£223.60 to £299.36.
With auction prices on the rise, whisky
enthusiasts from across the work are
increasingly turning to liquid gold as
an investment. A recent survey by RW101
and Whisky Auctioneer identify private
whisky collections worth an estimated
£75million, and with an average value of
£50,000.
Commenting on the Single Malt Fund,
Christian Svantesson said: "The Single
Malt Fund is created for whisky
enthusiasts and others who want to
invest in rare whisky. When selling, the
fund will first offer its limited rare
whisky to its investors, giving them
access to selected rare whisky which is
very hard to come by without the right
knowledge and contacts. With global
demand for rare whisky continuing to
soar, I hope that our fund will make the
rare whisky market more inclusive and
accessible for even more rare whisky
enthusiasts. The fund in that respect
has opened up a new opportunity for
whisky fans to indulge in their passion.
"My inspiration for the fund comes from
my own passion for single malt whisky.
Knowing how much my own limited rare
whiskies have appreciated in value, I
spotted an opportunity to take a more
professional approach to the whisky
investor market. As an entrepreneur, I
couldn’t resist the temptation to
combine my passion for whisky with my
entrepreneurial drive.
"I wanted to create a ‘commodity fund’
for whisky – regulated, transparent, and
listed on a public exchange, preferably
here in Sweden."
|
