We are pleased to inform you that the Initial Offer Period for the ES Baker Steel Electrum Fund (“the Electrum Fund”) has opened today, in advance of the Fund’s launch on 29th April 2022. The seeding share class (“S Class”), which offers preferential fee terms to early investors, is now open to investment.
The Electrum Fund is a UK-domiciled OEIC investing in the producers of metals and materials required for the green revolution and new technology. The Electrum Fund will follow Baker Steel’s award-winning Electrum strategy, which has successfully delivered strong risk-adjusted returns through investing in speciality and precious metals since its launch three years ago.
ES Baker Steel Electrum Fund – Investing in the producers of “future facing” metals and critical raw materials
The Electrum Fund is an actively managed equity fund, that will invest in the producers, processors and recyclers of speciality metals, alongside selected precious and industrial metals. The Electrum Fund will offer investors exposure to the themes of rising demand for raw materials and potential shortages and price spikes of certain metals required for the green energy transition, alongside the themes of re-shoring and energy security, in the wake of the COVID-19 pandemic and the ongoing deeply troubling Ukraine crisis.
We believe that the bull market is just beginning for speciality metals, and that the Electrum Fund will offer exposure to this new upcycle through a combination of bottom-up stock selection and top-down asset allocation, weighting strategically between sub-sectors of the industry. Our disciplined investment approach is value-driven and focused on those companies with the best assets, effective management, attractive shareholder returns and that operate in an ethical and sustainable manner, in line with our own ESG principles.
Seeding class now open to subscriptions
The seeding “S Class” (ISIN: GB00BPJGV115 SEDOL: BPJGV11) is now open to investment, for a limited time only, giving early investors a preferential low management fee of just 0.5%, with no performance fee. Please view the Fund Information Sheet here for further details of the terms of the “S Class” shares.