Swissquote, Stableton, and Morningstar have teamed up to launch the world's first private market investment product.
The unique new investment product, whose strategy aims to broadly mirror private market index positions, will give institutional and private investors, including individuals, easy access to fast-growing private companies.
The Stableton Unicorn investment offering builds on Stableton's proven expertise in high-growth companies, known as growth equity, and is enriched by Morningstar Indexes' expertise in the data and analytics responsible for calculating the custom index, according to the Swissquote website.
Stableton offers two different investment products: an open-ended Luxembourg investment fund and an active management certificate (AMC) with a Swiss ISIN. For the latter, Swissquote acts as Stableton's official launch partner for private investors in Switzerland.
Both products are designed to show the performance of the Morningstar® PitchBook® Unicorn Select 20 Index TM. The Morningstar index is designed to measure the performance of the 20 largest venture-backed private companies in developed markets with valuations exceeding $1 billion.
Investors often seek to diversify their portfolios by gaining exposure to fast-growing private companies such as SpaceX or Revolut. However, investing in such companies can be complicated and time-consuming for investors.
Stableton offers attractive commissions to those who invest in its financial products compared to more expensive strategies based on stock selection and active management skills.
Stableton uses its expertise in private market transactions and knowledge of secondary market pricing to implement an investment strategy that accurately reflects index positions. It also enables potentially high performance over time through efficient pricing.
Swissquote was founded in 1996 and has offices in many major cities around the world. It is regulated by FINMA, which indicates a high level of reliability. In 2019, the company began actively exploring the cryptocurrency market, and in 2020, it already opened its own cryptocurrency exchange, SQX, making it much easier for its clients to access digital assets.
