• The Stableton Unicorn Index AMC enables you to diversify your portfolio and offers you the opportunity to benefit from the performance of private markets.
• Addressing key megatrends following the passive benchmark index selection through institutional-grade investment products
• Accessing a market that’s currently inaccessible to 95% of investors: the market of privately-held companies
• Being privately-held benefits companies because it allows them to focus on long-term growth and innovation without the distractions and scrutiny of being publicly traded
• Bypassing investment entry barriers with this low-minimum offering of only USD 100
• Very competitive cost compared to other private market offerings

Stableton executes the pre-defined strategy and aims to achieve the performance of the Morningstar® PitchBook® Unicorn Select 20 Index™, over a period of time. Stableton's investment team aims to build a portfolio containing the companies in the index with a target weight of around 5% each (as determined by the benchmark index). When there are changes in the index composition (constituents or weights), Stableton aims to conduct the respective trades to adjust the holdings. As the underlying markets may not always offer sufficient liquidity, there will likely be deviations from the target weights.

If a company goes public (IPO) the company would be removed from the index as per the Morningstar® PitchBook® index guidelines. This would be reflected in the next quarterly rebalancing. Stableton would then aim to sell the shares in the public markets (pending a potential lock-up of typically 3 to 6 months) and deploy the capital in the new index constituent.

The minimum investment is USD 100.-

No, any exit proceeds are re-invested, and gains are accumulated.

In the first 12 months after the product launch, no redemptions are possible. Afterwards, redemptions are possible weekly and require a notice period of 3 days. This lock-up period ensures the product can execute the underlying strategy and build toward the target allocation. Further liquidity options (e.g. transfer to another buyer) may be possible.

Please view the factsheet as further redemption restrictions may apply.

The Stableton Unicorn Index AMC is open-ended and has no target maturity.

The Morningstar® PitchBook® Unicorn Select 20 Index™ was created with Stableton by Morningstar Indexes, to be used as a benchmark for Stableton's unicorn investment offering. It relies on the same methodology as the Morningstar® PitchBook® Global Unicorn indexes, but includes only 20 components, is equally weighted, and targets developed markets. While maintaining a solid representation of the private market, those adjustments enable Stableton to carry out the investment strategy to mimic the index holdings as closely as possible and to potentially achieve the index performance over time.

Over almost 10 years, from 12/2014 to 03/2023, the Morningstar® PitchBook® Unicorn Select 20 Index™ outperformed public equities significantly (22.2% p.a. vs. 8.25% p.a.)[2]. For this comparison, public equities are represented by the Morningstar® Developed Markets Target Market Exposure Index™. Please consult the Morningstar page or the Stableton page for further details.

The index tracks the 20 most valuable unicorns, as defined by the primary round valuation. Morningstar Indexes publishes the up-to-date index composition online. At the launch of this product, the index includes the following companies: SpaceX, SHEIN, Stripe, Checkout.com, Canva, Instacart, Databricks, Revolut, Epic Games, Waymo, Chime, Miro, VillageMD, Gopuff, CloudKitchens, Discord, Blockchain.com, Plaid, OpenSea, and Celonis. The composition can change at each rebalancing.

Private markets refer to investments in assets that are not publicly traded, such as private equity, venture capital, and real estate. These investments are typically only available to accredited investors, who are individuals or entities with a high net worth or significant financial experience. Private markets offer the potential for higher returns but are generally less liquid than publicly traded assets.

Venture capital is a form of private equity that invests in new or fledgling companies that have high growth potential or have shown high growth. Venture capital funds or firms provide financing, technical support, and managerial expertise to these companies in exchange for equity, or an ownership stake. Venture capital is also called risk capital because it involves taking on the risk of financing start-ups. In the context of the Stableton Unicorn Index AMC, the portfolio companies would be classified as late-stage venture or venture capital-backed unicorns.

Actively Managed Certificates are structured products whose underlying assets are managed in accordance with a specific investment strategy. The AMC allows investors to participate in the performance of the underlying assets.

Stableton is an award-winning fintech platform (Swiss Fintech Award 2022 in the Growth Stage Startup category) and investment firm specialising in private markets. The platform offers institutional and qualified investors unique investment opportunities in late-stage growth companies, with enhanced liquidity. Stableton developed the Stableton Unicorn Index AMC and is the strategy manager of the product.