Insch Capital Management SA To Launch Gold/Currency Actively Managed Certificates

Insch Capital Management SA (“Insch”), Lugano and London has announced the launch of Actively Managed Certificates (AMC) powered by Insch’s award-winning Kintore (Bidirectional Gold) strategy. 

The investment objective of the Insch Kintore strategy is to achieve capital growth in both favourable and unfavourable market conditions by using an actively managed approach trading gold either long or short vs. the G7 currencies: Australian dollar, Canadian dollar, Euro, Japanese yen, GBP sterling, Swiss franc, US dollar.

UniCredit Bank AG will act as issuer of the Certificates and will make a secondary market in them.  The Certificates are open-ended and will offer daily liquidity via ISIN DE000HVB15X4. They will be listed on the Frankfurt Stock Exchange.

“We are very pleased to have the opportunity to offer the Kintore (Bidirectional Gold) Strategy to a broad investor audience,” said Christopher Cruden, CEO, Insch Capital.  “Gold is a key component of many portfolios but up to now, investors have inevitably been confined to long, buy-and-hold positions.  No more.  These AMCs, particularly given their Frankfurt listing, open up an important new set of unique investment opportunities.”

There will be a two-week Initial Offering Period from 22nd June during which each Certificate will be offered at a minimum investment amount of US $100,000 or equivalent in other currencies. Trading will commence on 1st July and pricing will be daily at the prevailing market rate thereafter.

The Insch Kintore strategy was first offered as managed accounts and, through end May 2016, is up 26.74% YTD and has already proved to be particularly effective during periods when the gold price is moving strongly – either up or down.

Employing its extensive currency management experience, Insch designed this unique algorithm-driven systematic approach to appeal particularly to investors who require exposure to gold without necessarily wanting to go long, with the associated risks that such one-dimensional strategies carry.  Such risks have proved adversely consequential in the recent past as the gold price fell 40% from September 2012 before staging a partial recovery in the past few months. The strategy also provides very substantial protection against the “tail risk” of equity, fixed income and commodity markets.