The Strategic Resources Fund, focusing on the critical metals powering the future.
Class A · USD · ISIN MT7000039202 · A sub-fund of Palladium Finance SICAV p.l.c., Malta
Structural growth themes in the metals that build what comes next.
Investment objective: to generate long-term capital appreciation for shareholders by increasing the net asset value of the Sub-Fund, seeking strong risk-adjusted returns through the cycle.
The Fund adopts a top-down thematic approach to the critical metals that underpin global power generation, electrification and technological advancement. Structural growth themes are identified across the complex and expressed through high-conviction, long-term positions, with bottom-up fundamental analysis driving security selection within each theme. Themes are selected on their merits and reviewed as the cycle develops; as a thesis matures or the balance of risk and reward changes, capital rotates to the themes with the strongest fundamentals.
The Fund is managed by an experienced team of portfolio managers and advised by a team of specialist metals and mining analysts whose research drives theme selection and position sizing. Positions are sized on conviction and liquidity.
- 01
Theme
Critical metals is the standing theme. Allocation between the metals is set top-down on demand growth, supply deficits, reserve depletion, permitting bottlenecks and policy direction.
- 02
Selection
Within each metal, bottom-up fundamental analysis of asset quality, grade, permitting status, funding and offtake determines which companies are held and how positions are sized.
- 03
Risk
Risk is managed proactively rather than ridden out. As the cycle turns, exposure rotates into defensive holdings, structured products and fixed income to protect capital.
Where the Fund takes risk.
Underlying physical commodities
Direct and instrument-based price exposure.
Producers & near-term developers
Permitted, funded, with a route to production.
Exploration & discovery
Measured optionality in established districts.
Processing & enabling technology
Conversion, refining, separation and end-market technology developers.
Structured products
Defined-outcome notes and capital-protected structures.
Fixed income & yield enhancement
Return on unallocated cash.
Critical Metals
The metals behind power generation, electronics and technology. The Fund looks across the complex and rotates between themes as theses mature.
The terms, in full.
Structure & regulation
- Fund
- Strategic Resources Fund
- Structure
- Sub-fund of Palladium Finance SICAV p.l.c., an open-ended investment company with variable share capital
- Domicile
- Malta
- Regulatory status
- Notified AIF on the MFSA List of Notified AIFs, managed by a licensed AIFM
- SFDR
- Article 6
- Eligible investors
- Professional / Qualifying Investors. Non-retail scheme.
- Listing / duration
- None / indefinite
Share class & dealing
- Share class
- Class A Investor Shares — USD
- ISIN
- MT7000039202
- Base currency
- USD
- Initial offering
- 5 – 29 May 2026
- Initial offering price
- USD 100.00
- Dealing
- Weekly, first business day
- Subscription notice
- 10:00 CET, 5 business days prior
- Redemption notice
- 10:00 CET, 10 business days prior
- Minimum initial
- EUR 100,000
- Minimum additional
- EUR 1,000
- Redemption proceeds
- Within 90 business days
Fees, charges & risk
- Management fee
- 1.65% p.a. of NAV
- Performance fee
- 20% over high water mark
- Redemption fee
- Up to 5% of the gross redemption order, at the Directors’ discretion
- Introducer charge
- Up to 3.00%, amortised over 36 months; CDSC may apply
- Administration fee
- 0.019% of gross assets, min. EUR 25,000 p.a.
- Depositary fee
- 0.015% of GAV, min. EUR 20,000 p.a.
- Equalisation
- Not applied
- Leverage limit
- Permitted; capped at 50x NAV on the commitment and gross methods
