Cuprum Asset Management
The discretionary mandate
Discretionary investment mandate where Alcum manages capital through successive copper trade cycles.
The full terms, stated plainly
- Mandate
- Discretionary — allocated across cycles
- Exposure
- Trade-cycle performance, net of fee
- Reporting
- Visible to investors in the cycle
- Management fee
- Quantity Dependent
- Minimum allocation
- 100,000 USD
- Access
- Qualified investors · KYC · governing agreements
How the mandate works
Cuprum Asset Management is a discretionary mandate. You allocate copper or capital; ALCUM trades it across successive copper cycles and returns the trade-cycle result, net of a management fee.
- 1
Allocate copper or capital
You commit copper or capital to the mandate under the governing agreements. ALCUM manages the allocation at its discretion.
- 2
Deployed across cycles
ALCUM deploys the mandate across successive underwritten copper cycles — sourcing, processing and selling refined copper through the operating network, always under ALCUM’s legal ownership of the goods.
- 3
Performance accrues per cycle
Each completed cycle realises a trade result. Your return tracks trade-cycle performance across the mandate, net of the management fee — it is not a fixed or guaranteed rate.
- 4
Reporting & settlement
Positions and cycle status are visible through the process transparency layer; results are settled and reported according to the mandate terms.
What you are — and are not — exposed to
Cuprum Asset Management is performance-linked: your return depends on the realised outcome of the copper cycles the mandate trades, and value can fall as well as rise. Remaining risks include counterparty and operational risk, custody and logistics risk, liquidity terms, and jurisdiction restrictions. Exact terms are set out in the governing agreements.
- Performance-linked exposure to copper trade cycles — returns are not fixed or guaranteed.
- Counterparty and operational risk across sourcing, processing and settlement.
- Custody and logistics risk on the physical copper.
- Liquidity terms and jurisdiction restrictions; KYC onboarding applies.
Fee, minimum and full terms are pending final Legal confirmation.
Ready to subscribe?
Registration and verification take a few minutes. At launch, this opens directly into the Investor Portal.
Investment involves risk, including possible loss of capital. Past performance is not indicative of future results. Cycle durations and results vary. Availability differs by jurisdiction. Full risk factors and legal documentation are available in the documentation.