2125 Fund
The 2125 Fund is a macro-oriented, ultra-long-term investment strategy designed for
generational wealth creation and preservation.
01 Overview
The Fund targets superior long-term returns by investing in assets aligned with powerful macro forces: demographic evolution, technological disruption and inflation/currency devaluation, among others.
02 Key Facts
| Investment focus | Macro |
| Strategy risk | Long-only |
| Fund currency | EUR |
| Currency risk | Currency unhedged |
| Rebalance frequency | Annual |
| Inception date | Jan 2021 |
| As-of date | Dec 2025 |
03 Holdings
| Product | Weight |
|---|---|
| iShares Core S&P 500 UCITS ETF | 33 % |
| iShares MSCI World ex-USA UCITS ETF | 20 % |
| iShares Core MSCI Emerging Markets IMI UCITS ETF | 25 % |
| iShares Physical Gold ETC | 17 % |
| Invesco Bitcoin ETP | 5 % |
04 Performance
| Annualized returns (nominal, XIRR) | 18.46 % |
| Annualized returns (real, inflation-adjusted*) | 13.53 % |
* Inflation (Euro Area HICP, annualised): 4.34% (index Jan 2021 105.31 to Nov 2025 129.34)
