Cuprum Tracker Certificates
Access the performance of defined copper trade cycles through a tokenized tracker certificate tracking the underlying copper price, without acquiring ownership of the underlying copper.
The full terms, stated plainly
- Product
- Tokenized tracker certificate
- Issuer
- ALCUM AG
- Exposure
- Defined copper trade-cycle performance
- Access
- Professional and institutional clients under FinSA
From allocation to settlement
Every product runs on the same defined trade cycle, approximately 30 days end to end.
- 1
Capital is allocated
Subscriptions fund a defined trade cycle. From day one the position is linked to a real commodity lot, not a promise.
- 2
Collateral is secured
The commodity is stored in a bonded warehouse in Valencia, Spain — insured and independently audited. This is verifiable.
- 3
The trade cycle executes
The lot is processed and sold within industrial supply chains over a defined cycle of approximately 30 days.
- 4
Settlement & reporting
Results are settled at cycle end, reflected in NAV, and reported. Redemption follows the product terms.
What you are — and are not — exposed to
The commodity price is hedged at product level — investors are not exposed to price movements. Remaining risks include counterparty and operational risk, hedge counterparty and basis risk, liquidity terms, and jurisdiction restrictions. A summary is shown here; full risk factors live in the documentation.
- Commodity price is hedged at product level
- Counterparty and operational risk
- Hedge counterparty and basis risk
- Liquidity terms and jurisdiction restrictions
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.