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Actively Managed Certificate (AMC) | Professional investors only

Core Stability Growth AMC

A high-conviction global equity strategy built around future cashflows and structured risk diversification.

The AMC launched on 7 May 2026 as the continuation of the same Core Stability Growth strategy previously implemented via managed accounts. From 7 May 2026 onward, reported performance reflects net AMC returns. The AMC can be purchased through your bank, broker, or usual custodian using its ISIN. Managed account solutions are also available for U.S. investors.

ISIN: CH1494954758 Access: Bank, broker or custodian Liquidity: Daily pricing and liquidity Strategy Record: Continuous record since June 2025

Portfolio Construction

The Core–Stability–Growth framework combines different cashflow profiles within a single portfolio: real-asset-backed cashflows, visible near-term cashflows and selective longer-duration cashflow potential.

Core

Real-asset-backed cashflows

Businesses anchored in real-economy cashflows with linkage to physical assets, infrastructure, supply chains, energy systems, industrial capacity and resource constraints.

Stability

Visible near-term cashflows

Businesses with durable competitive positions, resilient demand and high visibility into current and near-term cashflow generation.

Growth

Longer-duration cashflow potential

Businesses where long-term cashflow potential is supported by structural demand, improving commercial traction or asymmetric upside.

The portfolio is built across distinct cashflow profiles rather than sector labels alone, combining resilience, visible compounding and selective long-duration upside.

Continuous Strategy Performance

The chart and metrics show the continuous Core Stability Growth strategy record since June 2025. Performance up to the close of 6 May 2026 reflects the strategy implemented via managed accounts. From 7 May 2026 onward, performance reflects the Core Stability Growth AMC and is shown net of AMC fees. Live data is displayed during U.S. trading hours with an approximate 15-minute delay.

The Core Stability Growth AMC launched on 7 May 2026 as the continuation of the same investment strategy and portfolio management approach. Performance shown before 7 May 2026 reflects the managed account implementation of the strategy; performance from 7 May 2026 onward reflects the AMC. All displayed returns are net of management and performance fees. Past performance is not indicative of future results.

Annualised Return (CAGR, Net)
Total Return (Net)
YTD Return (CSG, Net)
YTD Return (SPY)
Jensen's Alpha
Information Ratio
Sortino Ratio
Sharpe Ratio
Max Monthly Drawdown
Max Drawdown
Calmar Ratio
Beta
R Squared
Average Exposure

Benchmark reference: S&P 500 Index via SPY ETF. Metrics are shown for the continuous strategy record from June 2025, with AMC net returns reflected from 7 May 2026 onward.

Structure and Access

The strategy is available through the Core Stability Growth AMC. Professional investors can purchase the AMC through their bank, broker, or usual custodian using its ISIN.

Vehicle

Actively Managed Certificate

Liquidity

Daily pricing and liquidity

Identifier

ISIN CH1494954758

Management fee: 1% p.a. Performance fee: 20% over 5% hurdle Identifier: ISIN CH1494954758

Public Portfolio Snapshot

To balance transparency with protection of the strategy’s active edge, the public snapshot shows published equity positions as of end-2025. Full live holdings, NAV, and investor reporting are reserved for AMC holders.

Published holdings as of 31 December 2025

Allocations are shown as a percentage of the reported holdings. Hedges, if any, are excluded from this public view.

Strategy Management

The strategy is managed by Bruegger Invest Limited, supported by dedicated portfolio management and risk oversight.

Portfolio management team

Strategy manager overview and team structure are shown below.

Important Information

Key information and risk disclosures relating to the Core Stability Growth AMC.

Professional investors only

The Core Stability Growth AMC is intended exclusively for professional investors or eligible clients under applicable laws and regulations.

Performance

The displayed record represents the continuous Core Stability Growth strategy since June 2025. Returns before 7 May 2026 reflect the managed account implementation; returns from 7 May 2026 onward reflect the AMC. All displayed returns are net of management and performance fees. Past performance is not indicative of future results.

Risks

Investment in the strategy involves risk, including possible loss of capital. Exposure may include equity market risk, sector risk, leverage, and broader market volatility.

This page is for information purposes only and does not constitute investment advice, an offer, or a recommendation. All performance figures are shown net of management and performance fees. Investors should consult their professional advisers and review the relevant termsheet and documentation before making any allocation decision.