AuAg Precious Core

Electrification is reshaping how the world works. Digital infrastructure, automation, and connected systems are becoming the foundation of modern life and commerce. All of it runs on energy. And as demand grows, the source of that energy matters more than ever.

AuAg Precious Core allocates 60% across four sub-strategies covering the full electrification chain: fossil free energy generation from solar and nuclear; the extraction of the metals that enable electrification; energy storage; and reduced energy consumption, lower emissions and recycling. We believe companies exposed to the electrification megatrend will outperform global equity markets in the years ahead.

Every step of the electrification chain depends on specific metals. Copper carries the current, lithium stores energy, and uranium fuels the nuclear power plants that provide stable energy.

These metals are not interchangeable. Each one does a job nothing else can do as well. The fund AuAg Precious Core dedicates 20% to the companies that produce them — the part of the chain that makes everything else possible.

40% of AuAg Precious Core is allocated to precious metals, primarily gold, for robust portfolio protection. The exposure is provided through physically backed gold ETCs with a 1:1 link to the underlying gold price. Gold has historically served as a reliable store of value during periods of monetary uncertainty and rising debt — precisely the conditions under which traditional bond allocations tend to underperform.

We believe gold returns will outperform bonds over the coming decades, and in AuAg Precious Core it provides both protection and diversification while the equity allocation is tasked with generating returns.