Invest now in the four megatrends of the coming decade.
M3SC Fund invests with conviction in an ageing population, the energy transition, geopolitical change and AI. Contrarian, liquid, long-only and actively managed.
“The next ten years will be different from the last twenty.”
Source: Assetcare Fund Services.
The four megatrends
An ageing population structurally needs more care, medication and medical technology, regardless of the economic cycle.
Electrification and AI data centres need more power than today's system delivers. Nuclear energy is indispensable.
Watch the video, with English subtitles →
A less stable world invests in security and seeks a store of value in gold and silver.
Building AI capacity drives a decade of investment in infrastructure, power supply for data centres and software.
How capital is deployed
The four megatrends set the direction.
Within them, thirteen niches we focus on.
Fundamental selection: business model, valuation and stage of the company.
Timing, with a predetermined ratio between opportunity and risk.
Concentrated, with a predetermined risk per position. We hold positions for weeks to years, as long as the thesis holds.
Every month we ask the same question again: does the thesis still hold?
Where capital is deployed
The current allocation. Participants see the full portfolio in the monthly report.
Capital around the world is shifting
Twenty years of low interest rates and globalisation lifted broad equity indices. That tailwind is turning. Money is moving towards energy, security, healthcare and real assets. We invest in the direction of that shift, not in the direction of the past.
“We believe we are at the start of a structural shift of capital. Not a normal market cycle.”
Gold relative to the S&P 500 since 1891
In three periods over the past hundred years, gold and commodities strongly outperformed broad equities: around 1930, in the 1970s and after 2000. There are many signs that we are at the start of the fourth.
Is M3SC Fund right for you?
- You invest at least €100,000, privately or through your own company
- You have an investment horizon of five years or more
- You accept that the value can fluctuate from month to month
- You want to know what you invest in: a report every month and a meeting every quarter
If you are looking for a capital guarantee or a fixed income, this fund is not suitable for you.
You can participate from the Netherlands and from most other countries. For countries with an increased risk profile, additional checks or restrictions apply. Tax treatment depends on your country of residence.
Three steps
“I invest where capital will flow over the next ten years.”
Bart van Rhijn
Mark VisserAll fees at a glance.
How the performance fee works
The 20% performance fee is not charged on your full investment. It applies only to gains above the high-water mark: the highest level on which a fee has previously been withheld. A decline must therefore be recovered before a performance fee applies again. The performance fee is determined and withheld monthly.
An example. You invest €100,000 and the fund is at its high-water mark. Over the year, the fund makes a gain of €25,000 after the management fee. Added up over the year, the performance fee is 20% of that gain: €5,000. You keep €20,000, a net return of 20%.
In a year in which we achieve our 20% target return, the performance fee therefore amounts to roughly 5% of your invested capital. For participations from €2 million, that is roughly 3.5%. A year without gains above the high-water mark carries no performance fee.
Read everything before you decide
The fund documents are available in English.
Curious whether M3SC Fund suits you?
Leave a message and Rob will get back to you for a 30-minute conversation by phone or online, in English or Dutch.