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Since 2013
Your assets in reliable handsWealth Management - Fund Management - Macro Research
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The Big Long
Our In Gold We Trust report 2025 has been published.
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Incrementum Active Gold Fund
Incrementum AG's new gold fund
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Our Investment Funds
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Wealth Management
Do you already own the portfolio you need to accomplish your plans?
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#noninflatable
The Incrementum fund family has grown: Digital & physical gold for professional investors.
SOLID SOLUTIONS FOR A SOLID FUTURE
A new investment paradigm
We not only evaluate investments on the basis of the global economic status quo but also contextualise them within the global monetary system. This perspective facilitates a holistic analysis of the situation in the financial markets.
WHAT IS INCREMENTUM?
Incrementum AG is an independent fund and asset management company based in Liechtenstein.
Our principles
Thinking independently
Unbiased communication
Innovative investments
Our philosophy
Partnership relationships with our customers
Independent of banks
Critical of the unbacked monetary system
From the Journal
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Incrementum All Seasons Fund Seasonal Reflections – 2026/01
The fund manager’s reflections on important political and macro topics and how they affect his management of the fund.
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“Weu Schifoan is’ des Leiwandste!” – The Gold/Ski Pass Ratio 2026
“Weu Schifoan is’ des Leiwandste!” – The Gold/Ski Pass Ratio 2026 Skiing has never been as cheap as it is this winter! – This is the highly encouraging key message for all ski-loving gold investors from the In Gold We Trust Gold/Ski Pass Ratio. We are publishing this on the occasion of the Hahnenkamm races […]
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The Price of Influence: Consequences of Corporate Giving to Politicians
Good Morning Ladies and Gentlemen ”Middle powers must act together because if you are not at the table, you are on the menu.” Mark Carney Last week, I indicated that I would be sharing my thoughts on “The Price of Influence: Consequences of Corporate Giving to Politicians” in this week’s edition of “Stefan’s Weekly.” […]
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Yen–USD Carry Trade Unleashed: Where Opportunity Meets Risk
Good Morning Ladies and Gentlemen ”I’d rather be an optimist and a fool than a pessimist and right.” Albert Einstein Politicians often grant loyalty to corporations, which can result in rewards or penalties based on political cycles. Being linked to a particular politician may invite regulatory scrutiny or retaliation as political dynamics change. This […]
Information is the currency of democracy
Information is the currency of democracy
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