The Swiss issuer MFO Club World Entrepreneur
Investment Strategy · Discretionary
Deliver long-term capital appreciation through a multi-asset, equity-tilted approach
The portfolio combines listed equities (50–100%), bonds (0–50%), money market (0–50%) and alternatives including hedge funds, real estate and commodities (0–35%). Single-stock exposure capped at 10%; single-bond exposure capped at 10% for CoCo, high-yield and hybrid bonds. Not permitted: closed-end funds, private equity, structured products, derivatives other than for FX hedging, short selling and margin trading. The investment management is delegated to Black Oak (Monaco) S.A.M., Monaco, on a discretionary basis.
- Total return structure with reinvestment in NAV; no distributions.
- Distribution restricted to professional and institutional investors.
- Eligible currencies: EUR, USD, GBP, CHF, HKD, JPY.
Performance · Indexed (base 100)
As of 30 Jun 2026. Track record limited since 17 Dec 2025. Past performance is not an indicator of future results.
Asset Class · Multi-asset
| Underlying | |
|---|---|
| Description | Discretionary multi-asset portfolio |
- Equity77.09%
- Bond / fixed income16.38%
- Commodity3.49%
- Cash3.04%
- EUR87.84%
- USD12.16%
PORTFOLIO QUALITY
GEOGRAPHIC EXPOSURE
By region · listing-currency proxy for ETFs + direct domicile for single stocks · 100% coverage
Portfolio composition reflects bank custodian data as of 31 May 2026.
KEY DATA
| IDENTIFIERS | |||
|---|---|---|---|
| ISIN | CH1470927232 | Valor | 147092723 |
| SIX | N/A | Bloomberg | MFOCWE SW Equity |
| Structure | AMC | SSPA category | Tracker Certificate (1300) |
| Underlying | Discretionary multi-asset portfolio | ||
| ISSUANCE | |||
| Issue date | 17 Dec 2025 | ||
| Issue price | EUR 1,000 | ||
| Issue size | 50,000 Securities (with reopening clause)Total Amount: EUR 50,000,000.The Issuer reserves the right to increase the issue size. Any additional issuance will be at the Issuer's discretion and priced by the Calculation Agent. Investors will be informed in accordance with applicable regulations. | ||
| Currency | EUR | ||
| LIQUIDITY | |||
| NAV frequency | Monthly | ||
| Subscription | Monthly | ||
| Redemption | Monthly with gate | ||
| Redemption notice | 10 Business Days | ||
| Redemption gate | 20% · The Issuer may limit total redemptionsThe Issuer may limit total redemptions on any Investor Redemption Date to 20% of the Product's Net Asset Value. Redemption requests exceeding this threshold will be reduced on a pro rata basis and automatically deferred to subsequent Investor Redemption Dates, in the order received. The Issuer may also temporarily suspend redemptions in the event of exceptional market conditions or where liquidation of Underlying Components is not reasonably feasible, without liability to Investors. | ||
| Listing | No | ||
| Listing venue | N/A | ||
| ECONOMICS | |||
| Minimum investment | EUR 100,000 | ||
| Investor fee | 2.60% p.a. | ||
| Subscription fee | Up to 4.25% (including Secondary Market fee) | ||
| Redemption fee | Up to 0.25% (Secondary Market fee) | ||
| SERVICE PROVIDERS | |||
| Issuer | Helveteq AG, 8808 Pfäffikon SZ, Switzerland | ||
| Investment Manager | Black Oak (Monaco) S.A.M, 98000 Monaco, Monaco | ||
| Paying Agent | Banca Credinvest SA, 6900 Lugano TI, Switzerland | ||
| Custodian | Banca Credinvest SA, 6900 Lugano TI, Switzerland | ||
| Calculation Agent | Helveteq AG, 8808 Pfäffikon SZ, Switzerland | ||
| Administrator | Helveteq AG, 8808 Pfäffikon SZ, Switzerland | ||
| Security Agent | ADEXAS Rechtsanwälte AG, 8008 Zürich ZH, Switzerland | ||
| Issuer Auditor | BDO AG, 8853 Lachen SZ, Switzerland · Annual · IFRS | ||
Tax
Swiss Withholding Tax treatment applies. Investors are advised to consult their tax advisors regarding their individual situation before investing in this product.
Withholding tax (where applicable) is booked at product level and reflected in the NAV. Any potential tax reclaim depends on the investor's individual circumstances and is not reflected in the NAV.
Regulatory
| Governing law | Switzerland |
|---|---|
| Distribution | Professional and institutional clients only (FinSA Art. 4) |
| FINMA supervision | No |
| Regulatory | FinSA · Base Prospectus approved by SIX Exchange Regulation |
Product Advantages
- Fully collateralised tracker certificate
- Collateral pledged in favour of investors
- Independent Security Agent
- Pledge perfected through Account Control Agreement
- Issuer credit risk mitigated but not eliminated
- Base Prospectus approved by SIX Exchange Regulation Ltd., Reviewing Body within the meaning of FinSA
- Annual independent audit; financial statements prepared under IFRS standards
- Not a collective investment scheme under CISA
- Issuer not subject to FINMA supervision
- Issued from Helveteq AG balance sheet
- Collateral held in segregated accounts for the benefit of investors
- Total return structure with reinvestment in NAV; no distributions
- Fully Swiss setup, issuer and instruments
Structure & Protection
The underlying portfolio is held in a segregated collateral account on behalf of Helveteq AG. The collateral is pledged in favour of an independent Security Agent for the benefit of investors, with the pledge perfected through an Account Control Agreement under Swiss law (Art. 25 FISA). In an issuer default, the Security Agent may enforce the collateral in accordance with the transaction documents. Collateralisation mitigates issuer credit risk but does not eliminate it. The product offers no capital protection. Enforcement and recoveries may take time and amounts recovered may be lower than the outstanding investment.
About the Strategy Originator
Black Oak (Monaco) S.A.M. is the Investment Manager for the MFO CLUB series. The firm pursues discretionary multi-asset strategies tailored to entrepreneurial families and family offices. Black Oak combines institutional-grade portfolio construction with a long-term, capital-preservation mindset.
About the Issuer · Helveteq
Helveteq structures and issues transparent investment products, including Tracker Certificates and Actively Managed Certificates (AMCs), across traditional and alternative asset classes. We enable financial intermediaries to access capital markets with ease. We support the structuring and issuance process within the applicable legal and regulatory framework. From equities, fixed income, and commodities to private debt, real estate, and digital assets, we turn investment strategies into bankable, structured products. Products are issued under a base prospectus approved by SIX Exchange Regulation and are eligible for distribution through Swiss banks.
Monthly NAV Performance (%)
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YEAR | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.18% | +0.92% | −4.47% | +6.65% | +7.59% | −0.84% | — | — | — | — | — | — | +9.90% |
| 2025 | — | — | — | — | — | — | — | — | — | — | — | −0.03% | −0.03% |
Documents
Contact
Helveteq AG, 8808 Pfäffikon SZ, Switzerland · +41 41 554 50 99 · [at] · helveteq.com
Disclaimer
This document constitutes advertisement within the meaning of Article 68 FinSA. It is neither a Key Information Document within the meaning of Article 58 FinSA, nor a Prospectus within the meaning of Article 35 FinSA. Investors should base their investment decision solely on the Base Prospectus, as supplemented from time to time, together with the relevant Final Terms and the Key Information Document where applicable, all available free of charge at helveteq.com.
Nothing in this document constitutes, may be used for the purpose of, or may be construed as, an invitation, an offer or a solicitation of securities for sale or for subscription in any jurisdiction where it is unlawful to do so. The information is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this document or its accuracy or completeness. The information is subject to change.
Past performance is not an indication or guarantee of future results. The charts and graphs may reflect hypothetical historical performance. All information presented prior to the issue date is back-tested. Back-tested performance is not actual performance but is hypothetical.
The Products do not constitute collective investment schemes within the meaning of the Swiss Federal Act on Collective Investment Schemes (CISA), as amended from time to time, and are, therefore, neither governed by the CISA nor subject to authorization and supervision by the Swiss Financial Market Supervisory Authority (FINMA). Accordingly, holders of these Products do not have the benefit of the specific investor protection provided under the CISA. The Issuer is not and will not be regulated by any regulator as a result of issuing the Products. The Issuer is neither licensed nor registered with the Swiss Financial Market Supervisory Authority (FINMA).
THE PRODUCTS ARE NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR ANY PERSON OR ADDRESS IN THE UNITED STATES OR IN ANY OTHER JURISDICTION TO WHICH A DISTRIBUTION WOULD BE UNLAWFUL. The Products have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act) or with any securities regulatory authority of any State or other jurisdiction of the United States and (i) may not be offered, sold or delivered within the United States to, or for the account or benefit of U.S. Persons (as defined in «Regulation S» under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws and (ii) may be offered, sold or otherwise delivered at any time only to transferees that are Non-United States Persons (as defined by the U.S. Commodity Futures Trading Commission).
Investors are invited to carefully read the Product documentation, namely the Base Prospectus, which may be amended or supplemented from time to time, together with the relevant Final Terms prepared for a particular Product containing the full legally binding terms and conditions.
© Helveteq AG, 8808 Pfäffikon SZ, Switzerland. 2026. All rights reserved.