Overview

Invest in gold and electrification with AuAg Precious Core

A modern remake of the classic 60/40 portfolio. With 60 per cent invested in companies driving the electrification of our world and 40 per cent allocated to physical precious metals (primarily gold) to provide robust portfolio protection, the result is an innovative, future-focused portfolio.The fund concentrates on critical electrification metals such as copper, silver and lithium. On the energy side, the focus is on solar power and nuclear energy.Focused on gold, AuAg Precious Core is a UCITS multi-asset fund invests in commodities and companies tied to electrification globally.

An electric future

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.

Electrification runs on metals

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.

Physical gold as a hedge

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.

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Clarifications

The fund is traded daily and follows the UCITS (5/10/40) framework. Minimum 90% invested and holdings are divided into two main strategies - 60% (min. 50%) Equity megatrend Electrification and 40% (min. 30%) Precious Metals (focus Gold and all holdings as physical ETC:s). The 22 holdings within Electrification have an Target Weight at 4%/2% and they are allowed to be within +/-25% of target weight. Holdings are traded at the most liquid markets (approximately 50% US and 50% Global exUS). Benchmark is 60% Nasdaq Global TR Index (NQGIT) plus 40% Bloomberg Barclays GlobalAggregate TR Index (LEGATRUU) in the funds/share class trading currency (class A = SEK).

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Information

More about AuAg Precious Core

The fund invests at least 50 per cent in the equity market to achieve exposure to companies required for an electrified world, with the fund’s strategy divided into four sub-strategies: production of environmentally friendly energy through solar and nuclear power; reduced energy consumption, lower emissions and recycling; energy storage; and extraction of the metals required for electrification.The fund also invests at least 30 per cent in transferable securities, all of whose value development the managers assess to be influenced by the market performance of gold, as well as other precious metals such as silver, platinum and palladium.The fund invests globally without geographical limitations.

Portfolio Manager
Eric Strand

Portfolio Management Team
Eric Strand

Christopher Svensson

Stefan Abrahamsson

Investment summary

Inception date
01/09/2020
Management fee
1,40%
Total Expense Ratio
1,43%
Assets Under Management
EUR 40 400 000
Sustainability SFDR
Article 8

Statistics

Risk rating PRIIP
4 of 7
Annualised volatility
20,74%
Correlation vs. SX5R (EUR)
0,39
Compound ROR
15,31%
Data as of 30/05/2026

A short video where the portfolio manager, Eric Strand, talks about the idea behind AuAg Precious Core

Disclaimer

This material is marketing communication. The information does not constitute investment advice or a personal recommendation. Investment decisions should be based on the fund’s information brochure and fact sheet, as well as your own considerations. Investments involve risk. Past performance is not a guarantee of future returns. The money invested in the fund may both increase and decrease in value, and it is not certain that you will recover the entire amount invested. Before making an investment decision, you should review the fund’s information brochure and fact sheet.

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