Use Case
Launch an AMC on listed assets, in days
Many banks offer Actively Managed Certificates, but if you have developed an individual investment strategy those offers may restrict you. An issuance setup independent of any bank packages your strategy into a tailored AMC within days, across all asset classes, with your own custodian, broker and fees.
The problem
As an asset manager you have seen that many banks offer Actively Managed Certificates. If you have developed an individual investment strategy, those offers may restrict you, sometimes severely.
It is a common situation: you need a flexible way to execute a tailor-made portfolio strategy that can hold all asset classes, including structured products and funds, or run an active quant strategy with many trades a day. A bank's shelf is not built for that.
The solution
An issuance setup that is independent of any bank lets you package the strategy into a tailored AMC within days, high-frequency traded portfolios included.
- Your own platform. An individual, bespoke issuance platform rather than a shared product shelf.
- Unlimited products. Issue as many Actively Managed Certificates as the business needs.
- No bank issuer risk. Issuance does not sit on a bank's balance sheet.
- Your counterparties. Custodian and broker selected flexibly, for the setup that suits the strategy.
- Your fees. External asset managers include their preferred management and performance fees.
How it works
One ISIN, an actively managed portfolio inside.
AMC, fund or SMA?
The same economics through very different machinery. An AMC is one-to-many: a single ISIN, one structure, one compliance approval, accessible to an unlimited number of investors through their existing bank. The strategy scales; the administration does not.
| AMC | Fund | SMA | |
|---|---|---|---|
| Regulatory license required | Yes, but not CISA | Yes, CISA | No |
| Multiple investors, one structure | Yes | Yes | No |
| Off-balance sheet | Yes | Varies | No |
| Time to launch | Days | Months | Days |
| Minimum viable AuM | None (practical 0.5 to 1M) | 25M (practical 50 to 100M) | None (practical 0.5 to 2M) |
| Track record buildable | Yes | Yes | No |
| ISIN-listed, bankable | Yes | Yes | No |
Indicative comparison. Exact treatment depends on jurisdiction and structure.
Assetization in action
Real use cases, client success stories, live products.
Use CaseSwiss residential real estate. Project debt, project equity or diversified exposure.
Use CaseA feeder into your fund. Fractional tickets, any bank or broker, no new entity.
Use CaseOne hybrid AMC. A live trading book and illiquid holdings under a single ISIN.
Use CaseAn AMC on digital assets. Your crypto strategy in a bank account, no wallets.
Use CaseTokenized AMCs on your platform. On-chain, backed 1:1, with a Swiss ISIN.
Use CaseStructured products on digital assets. Capital protection, yield and barrier payoffs.
Use CaseAn AMC on a portfolio of funds. Fund of funds, without the second fee layer.
Use CaseLaunch your AMC issuance platform. Keep the custody and the fees in-house.
Use CasePrivate equity and venture capital. A portfolio as an AMC, one name as a Tracker.
Use CasePrivate debt. Turn a loan into an ISIN-listed note with a coupon.
Use CaseSME financing. A mini-bond that raises capital without diluting ownership.
Use CaseStructured products in one AMC. Many positions, a single vehicle.
Use CaseImpact investing for companies. Fund your suppliers as an investment, not a grant.
Use CaseA portfolio of artists, securitized against future revenues.
Use CasePeer-to-peer loans. A whole basket in one certificate, no loan-by-loan selection.
Use CaseVenture capital as a certificate. No general partner and limited partner structure.
Use CaseCertificate of Things. Finance a machine, pay investors from what it produces.
Use CasePay-per-use. Investors fund the equipment and earn royalties as it runs.
Use CaseFine art and collectibles. A single work as a Tracker, a portfolio as an AMC.
