Insch Capital Management SA is launching gold and currency actively managed certificates, the Lugano group has announced.
The offering will be included in the firm's existing Kintore strategy, which takes bi-directional exposure to the spot price of gold against six different G7 currencies.
The extension of the Kintore program will be directed at investors who want exposure to gold, without necessarily wanting to go long.
Commenting on the launch, Insch Capital CEO Christopher Cruden, said: ‘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,’ he added.
Initially, the certificate will be offered at a minimum investment of $100,000 from June 22 but trading will begin on July 1, at which point daily pricing will come into force.
UniCredit Bank AG will act as the issuer of the certificates which will be listed on the Frankfurt Stock Exchange.