2018 Jahr der Rohstoffe
2018 Jahr der Rohstoffe

Invest in commodities now with Picard Angst

Utilise the momentum: The business cycle, historically low prices, inflationary pressure, declining reserves and other factors create an ideal environment for investing in commodities. Choose commodity strategies developed by Picard Angst: With their attractive risk/return profile, they are extremely successful and have been outperforming their benchmarks for years. Speak to one of our experts now.

Momentum Markets Solutions Why Contact

Energy

Demand for energy commodities remains strong, and reserves are falling quickly. Geopolitical risks and rising interest rates continue to drive prices higher. It is not possible for production capacities, in US shale oil production for example, to be increased in the short term. The market outlook is bullish for all energy sources except natural gas.

Industrial metals

Mining sector investment has been scaled back dramatically since 2012. This has only become perceptible very recently. Strong global demand will be driven in the medium term by the transition to electric vehicles. Cobalt, lithium, copper, aluminium and nickel are benefiting from this change. The market outlook is bullish for all industrial metals except zinc.

Precious metals

The escalating trade dispute between the US, China and Europe is increasing the demand for and prices of precious metals. At the same time, the US government is lowering taxes and increasing spending. The result will be twin deficits, which will weaken the US dollar over the long term. This means the market outlook is bullish for precious metals except platinum.

Agricultural commodities

Demand is higher than supply for nine out of ten agricultural commodities. Corn and soy reserves are declining despite very good harvests in recent years. Prices are not good enough for producers to increase their capacity. The market outlook is bullish for the most important agricultural commodities except coffee and wheat.

Choose Picard Angst’s commodities expertise

The commodity strategies developed by Picard Angst in 2006 are extremely successful and have an attractive risk/return profile. They have been outperforming their benchmarks for years. With their intelligent composition based on economic representativeness, their optimal diversification and superior roll yield behaviour, they generate long-term outperformance with moderate volatility.


Picard Angst All Commodity Tracker Plus

This fund comprises ten commodities in roughly equal measure. Energy and grains are overweighted compared to the benchmarks while livestock is completely absent. We would be happy to show you in person the advantages that this simple composition offers.

  Share Class P CH0049136804 Share Class PH CH0049136846
Master data
Target investor class Institutional Institutional
Currency USD CHF (hedged)
Distribution Income distribution Income distribution
Minimum initial subscription USD 100,000 CHF 100,000
Legal structure Contractual investment fund under Swiss law (CISA) Contractual investment fund under Swiss law (CISA)
Approved for sale in Switzerland Switzerland
Fund assets (USD m) 146.3 141.49
Net asset value (USD) As of 30.06.18 56.04 49.93
Costs
Administration fee 0.18% 0.18%
Management fee 0.79% 0.79%
Organisation
Portfolio manager Picard Angst AG Picard Angst AG
Custodian M.M.Warburg & Co M.M.Warburg & Co

This fund is also available for private investors. For more information and all share classes, go to www.swissfunddata.ch or get in touch with your contact.

Picard Angst Energy & Metals

This fund comprises ten commodities in roughly equal measure. Energy is slightly underweighted compared to the benchmarks and precious metals are slightly overweighted. We would be happy to show you in person the advantages that this simple composition offers.

  Share Class P CH0049136804 Share Class PH CH0049136846
Master data
Target investor class Institutional Institutional
Currency USD CHF (hedged)
Distribution Income distribution Income distribution
Minimum initial subscription USD 100,000 CHF 100,000
Legal structure Contractual investment fund under Swiss law (CISA) Contractual investment fund under Swiss law (CISA)
Approved for sale in Switzerland Switzerland
Fund assets (USD m) 150.2 145.26
Net asset value (USD) As of 30.06.18 62.21 56.1
Costs
Administration fee 0.18% 0.18%
Management fee 0.79% 0.79%
Organisation
Portfolio manager Picard Angst AG Picard Angst AG
Custodian Royal Bank of Canada Investor Services Royal Bank of Canada Investor Services

This fund is also available for private investors. For more information and all share classes, go to www.swissfunddata.ch or get in touch with your contact.


“Trade conflicts have weighed heavily on the commodity markets over the summer, however the strong growth momentum in the economic cycle will gain in importance sooner rather than later.”

Dr David-Michael Lincke, Head of Portfolio Management

Six good reasons to invest in commodities now

Business cycle

Towards the end of the expansion phase, commodities generate the best yields of all investment classes.

Inflation

Commodities show the highest sensitivity to inflation, which drives commodities prices higher.

Interest rates

Rising interest rates provide additional momentum to commodities prices.

Reserves

Stock reserves are declining for many commodities, especially crude oil.

Production

Short-term production capacities are already exhausted in many places.

Geopolitics

Many actors, including the US, China Russia, Iran and Venezuela, are stoking commodities prices.

Your contacts

Dr. David-Michael Lincke

Head of Portfolio Management

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Andreas Staub

Senior Solution Advisor

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Bernd Barth

Client Advisor Switzerland (German) & Liechtenstein

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* Past performance is not indicative of future results. Performance and risk figures are based on net asset value and are calculated without taking into account any possible additional costs or fees incurred by the investor in conjunction with the issue, redemption or swapping of fund shares.

Legal

Important legal information: Please note that telephone calls are recorded and whenever you call us we shall assume that we have your consent to this.

This website does not constitute an offer or an invitation to buy or sell securities and is only intended for information purposes. Investments should only be made after a thorough reading of the current prospectus and/or the fund regulations, the current simplified prospectus, the articles of association, and the current annual and semi-annual reports. The fund prospectus, fund contract, the Key Investor Document "KIID" and the current annual and semi – annual reports can be obtained free of charge from PMG Fonds Management AG, Sihlstrasse 95, 8001 Zurich, and Royal Bank of Canada Investor Services, Esch – sur - Alzette, Zurich branch, Badenerstrasse 565, 8066 Zurich.

The funds mentioned in this website are funds under Swiss law.

The “Guidelines to guarantee the independence of financial analysis” of the Swiss Bankers Association do not apply to this presentation. Please note that it is possible that Picard Angst Ltd. will itself have an interest in the price performance of one or more of the securities referred to in this presentation.

The value of the units and the return they generate can go down as well as up. They both are affected by market volatility and by fluctuations in exchange rates. Picard Angst Ltd. does not assume any liability for possible losses. The performance of past values and returns is no indicator of their current or future development. The performance of values and returns does not include the fees and costs which may be charged when buying, selling and/or switching units. The breakdown into sectors, countries and currencies and their respective positions as well as possibly indicated benchmarks are subject to change at any time in line with the investment policy as set forth in the prospectus.

All opinions may change without notice. Opinions may differ from views set out in other documents, including research publications, published by Picard Angst Ltd. Neither this document nor any part of it may be reproduced or redistributed. Although Picard Angst Ltd. believes that the information contained herein is based on reliable sources, Picard Angst Ltd. cannot accept any responsibility for its quality, accuracy, currency or completeness.

Please note that in any jurisdiction where a fund, sub-fund or share category is not registered for public offering, they may, subject to the applicable local regulation, only be sold in the course of private placement or institutional investments. The fund may not be distributed within the United States nor offered or sold to US persons.

Picard Angst Ltd. is an Asset Manager of collective investment schemes under the Federal Act on Collective Investment Schemes and is regulated by the Swiss Financial Market Supervisory Authority