Investment Strategies
The investment strategies presented on this website are implemented through regulated investment funds.
Portfolio management is carried out by Omicron Investment Management GmbH.
CENSEO ASSET CONSULTING GmbH acts as promoter and is responsible for the distribution and presentation
of these strategies.
Fund information cannot be displayed for the country you selected
The funds presented on this website are not registered for distribution in every jurisdiction, and the information may not be made available where doing so would conflict with local law. You are welcome to contact us with general enquiries.
Discretionary Macro Fund
A globally diversified multi-asset strategy with a primary focus on equity markets and flexible cross-asset allocation.
UCITS (OGAW) • LI1505258890 • EUR • Recommended holding period: from 5 years
Management Company: LLB Fund Services AG
Portfolio Manager: Omicron Investment Management GmbH
Promoter: CENSEO ASSET CONSULTING GmbH
Investment Risks
- Risk indicator: 4 / 7
- The strategy is exposed to equity market, currency, interest rate, and liquidity risk
- The value of investments may fluctuate and capital losses cannot be excluded
- Higher weightings in individual securities and sectors are possible
- There is no guaranteed minimum return, and risks not reflected in the risk indicator are described in the prospectus
Target Investors
The fund may be suitable for investors who:
- Seek long-term capital growth (minimum horizon of five years)
- Have limited or basic experience with financial products
- Are able to bear potential financial losses
- Do not require capital protection
Investment Strategy
- The strategy seeks long-term capital growth through globally diversified equity investments
- Depending on market conditions, allocations may flexibly extend to fixed income and money market instruments
Portfolio Construction
- Global equity exposure across sectors and regions
- Complementary fixed income allocation
- Active portfolio adjustments as macroeconomic conditions evolve
- Diversified portfolio construction to manage overall risk
Role in a Portfolio
- The strategy may serve as a core allocation within diversified portfolios seeking global equity exposure combined with additional diversification through complementary asset classes
- Its flexible allocation framework allows the portfolio to adapt to changing macroeconomic environments
Fund Documents
Fund documentation, including the prospectus, PRIIP KID, and periodic reports, is available through the fund administration platform
Censeo Fx Bond Fund
a globally diversified fixed income strategy combining bond allocation with active currency positioning.
UCITS (OGAW) • LI1341568817 • EUR • Recommended holding period: from 5 years
Management Company: IFM Independent Fund Management AG
Portfolio Manager: Omicron Investment Management GmbH
Promoter: CENSEO ASSET CONSULTING GmbH
Investment Risks
- Risk indicator: 3 / 7
- The strategy is exposed to interest rate, credit, currency, and liquidity risk
- The value of investments may fluctuate, and capital losses cannot be excluded
- Higher weightings in individual securities and sectors are possible
- The fund is actively managed without reference to a benchmark, and there is no guarantee that it will achieve its investment objective
Target Investors
The fund may be suitable for investors who:
- Seek capital growth and income with a long-term horizon (minimum five years)
- Have limited or basic experience with financial products
- Are able to bear high financial losses, up to and including total loss
- Do not require capital protection
Investment Strategy
- The strategy seeks medium-term capital growth through income and capital gains across globally diversified bond markets. Income remains in the fund and increases the value of the units
- The portfolio is actively managed without reference to a benchmark and may allocate to different bond segments, currencies, and related instruments as market conditions evolve
Portfolio Construction
- Global allocation across bond classes
- Active duration and segment positioning
- Flexible currency exposure as part of the investment process
- Diversified fixed income framework
Role in a Portfolio
- The strategy may complement equity-focused allocations by providing globally diversified fixed income exposure combined with active currency positioning
- Its flexible allocation framework allows the portfolio to adapt to changing interest rate cycles and currency dynamics
Fund Documents
Fund documentation, including the prospectus, PRIIP KID, and periodic reports, is available through the fund administration platform
Austrian Economics Fund – CENSEO Precious Metals AIF
A precious metals strategy focused on physical gold and selected metals, with an active currency overlay.
This fund is an alternative investment fund (AIF) established in Liechtenstein and managed by IFM Independent Fund Management AG. In Liechtenstein it may be distributed to retail investors. In Austria and Germany it is notified for distribution to professional investors only, under the marketing passport of Directive 2011/61/EU (AIFMD).
The fund is exposed to significant price volatility in precious metals markets. Its risk indicator is 6 out of 7. Capital losses, including total loss of the amount invested, cannot be excluded. Investors should read the prospectus and the PRIIP KID before making an investment decision.
Alternative Investment Fund (AIF) • LI1403619219 • EUR • Recommended holding period: from 5 years
Management Company: IFM Independent Fund Management AG
Portfolio Manager: Omicron Investment Management GmbH
Promoter: CENSEO ASSET CONSULTING GmbH
Investment Risks
- Risk indicator: 6 / 7
- The fund is exposed to significant price volatility in precious metals markets
- Main risks include commodity, market, currency, liquidity, and operational risk
- The value of investments may fluctuate substantially
- Higher weightings in individual securities and sectors are possible
- The fund is actively managed without reference to a benchmark. Investors must expect fluctuations in value which, temporarily and periodically over the long term, can lead to substantial losses
- Capital losses, including total loss, cannot be excluded
Target Investors
The fund may be suitable for investors who:
- Seek medium- to long-term capital appreciation (minimum five-year horizon)
- Have very good knowledge and experience with financial products
- Are able to bear substantial financial losses, including total loss
- Do not require capital protection
- Intend to allocate a portion of their portfolio to precious metals
Investment Strategy
- The fund seeks medium- to long-term capital appreciation through investments primarily in precious metals
- At least 51% of the portfolio is invested directly or indirectly in physical gold, silver, platinum, palladium, and other selected metals
- The strategy is actively managed without reference to a benchmark and may be complemented by active currency positioning
- Income generated by the fund is distributed
Portfolio Construction
- Minimum 51% allocation to precious metals
- Direct and indirect exposure to physical metals
- Physical custody via the appointed depositary
- Active currency overlay within a diversified framework
Role in a Portfolio
- The strategy may serve as a satellite allocation within a diversified portfolio for investors seeking exposure to physical precious metals and active currency positioning
- Due to its higher risk profile and commodity exposure, the fund is generally not intended as a core portfolio holding
Fund Documents
Fund documentation, including the prospectus, PRIIP KID, and periodic reports, is available through the fund administration platform