We are pleased to share our first performance update, highlighting the launch and Q3 2025 performance of our SW Multi Asset AI Flagship Fund since inception on 7th July until market opening 1st October 2025.
In its first quarter the fund (LLP Class) achieved a 5% return, reflecting the fund’s strong risk-adjusted returns in line with our target volatility.
As always, we encourage investors to view these results within the context of a long-term investment horizon. The true strength of our approach, combining disciplined risk management with the compounding effect of sustained growth, emerges most clearly over time.
Please see below for further insights into our quarterly performance data and updates on Smart Wealth’s key corporate activities.
"},"title1":{"text":"Quarterly Performance on behalf of SW Team"}}},{"id":"ee4acc3c-ee6f-5fff-9f35-790de0ee8a12","slice_type":"blog_buttoncont","primary":{"buttontext":{"text":"SW Multi Asset AI Flagship Fund (NAV)"},"description":{"text":"Individual Fund Performance as of July 7th"},"title1":{"text":"SW Multi Asset Fund Q3 Performance Chart"},"link":{"url":"https://images.prismic.io/smartwealth/aO-qJJ5xUNkB1_U4_ICAV_MultiAssetFlagshipFund.jpg?auto=format,compress?auto=compress,format"}}},{"id":"d639de79-dc6b-59f0-9865-68d4ff03b7f5","slice_type":"blog_formattedtextblock","primary":{"formattedtextblock":{"text":"As part of our quarterly round-up, we would like to take a closer look at our performance and share insights into how our AI performed during this period. Unlike traditional human-managed strategies, our AI operates without emotional bias - enabling it to react decisively, re-entering the market ahead of human managers after a downturn. This agility allows it to capture opportunities early and maximize returns. Following the fund's launch, performance picked up noticeably in the second half of the period. Once leverage was applied to enhance exposure, the graph reflects the AI’s stronger performance and its ability to identify and capitalize on emerging opportunities. ","html":"As part of our quarterly round-up, we would like to take a closer look at our performance and share insights into how our AI performed during this period.
Unlike traditional human-managed strategies, our AI operates without emotional bias - enabling it to react decisively, re-entering the market ahead of human managers after a downturn. This agility allows it to capture opportunities early and maximize returns.
Following the fund's launch, performance picked up noticeably in the second half of the period. Once leverage was applied to enhance exposure, the graph reflects the AI’s stronger performance and its ability to identify and capitalize on emerging opportunities.
"},"title1":{"text":""}}},{"id":"43def037-b05b-5677-8be9-0e378ab0b810","slice_type":"blog_buttoncont","primary":{"buttontext":{"text":"SW Multi Asset AI Flagship Fund (USD) - Global Competitors"},"description":{"text":"Comparison to other Top Global Multi Asset Funds"},"title1":{"text":"SW Multi Asset Fund Chart - World Competitors"},"link":{"url":"https://images.prismic.io/smartwealth/aO-rDZ5xUNkB1_VY_ICAV_MultiAssetWorldAMs.jpg?auto=format,compress?auto=compress,format"}}},{"id":"f92bc9ce-29fc-5711-9a59-c0dc249d9630","slice_type":"blog_formattedtextblock","primary":{"formattedtextblock":{"text":"By the end of the quarter, the fund ranked among some of the world’s top performing funds. This reinforces our confidence in both the robustness of the AI’s strategy and its potential to deliver consistent outperformance. As we are currently in the fund’s first quarter, the chart below provides context for our AI’s long-term performance potential by showing our Multi Asset AMC product’s historical track record, which has consistently outperformed some of the world’s leading funds. Since the AMC invests in the same eligible instruments as the basis portfolio for the Multi Asset Flagship fund, it serves as an informative long-term benchmark for comparison. We are pleased by our first set of quarterly results and are optimistic about how the AI will continue to behave heading into Q4 2025. ","html":"By the end of the quarter, the fund ranked among some of the world’s top performing funds. This reinforces our confidence in both the robustness of the AI’s strategy and its potential to deliver consistent outperformance.
As we are currently in the fund’s first quarter, the chart below provides context for our AI’s long-term performance potential by showing our Multi Asset AMC product’s historical track record, which has consistently outperformed some of the world’s leading funds. Since the AMC invests in the same eligible instruments as the basis portfolio for the Multi Asset Flagship fund, it serves as an informative long-term benchmark for comparison.
We are pleased by our first set of quarterly results and are optimistic about how the AI will continue to behave heading into Q4 2025.
"},"title1":{"text":""}}},{"id":"96ae9665-2ba6-538c-99cd-452cddb46bfc","slice_type":"blog_buttoncont","primary":{"buttontext":{"text":"Smart Wealth Multi Asset Global Rotation AMC"},"description":{"text":"Historical comparison of the SW Multi-Asset Product to other top competitors"},"title1":{"text":"SW Multi Asset AMC Chart - World Competitors"},"link":{"url":"https://images.prismic.io/smartwealth/aO-urJ5xUNkB1_YR_AMC_worldAMs.jpg?auto=format,compress?auto=compress,format"}}},{"id":"6ed704a7-8e0c-5702-8169-655eaa22c5a9","slice_type":"blog_formattedtextblock","primary":{"formattedtextblock":{"text":"Despite recent macroeconomic headlines concerning de-dollarization and capital outflows, our AI model recommends a clear overweight to U.S. assets. Our AI model’s overweighting of U.S. assets is evidence-based. The U.S. is establishing a widening, compounding lead in the infrastructure powering the AI super-cycle - specifically through chips, clouds, and capital. While Europe and APAC will grow and deserve specific exposure, we argue that the dominant alpha frontier for the AI Super-Cycle will remain firmly in the U.S. Read further insights from Dr. Miro Mitev on the strategic asset allocation driving the AI infrastructure super-cycle below:","html":"Despite recent macroeconomic headlines concerning de-dollarization and capital outflows, our AI model recommends a clear overweight to U.S. assets.
Our AI model’s overweighting of U.S. assets is evidence-based. The U.S. is establishing a widening, compounding lead in the infrastructure powering the AI super-cycle - specifically through chips, clouds, and capital.
While Europe and APAC will grow and deserve specific exposure, we argue that the dominant alpha frontier for the AI Super-Cycle will remain firmly in the U.S.
Read further insights from Dr. Miro Mitev on the strategic asset allocation driving the AI infrastructure super-cycle below:
"},"title1":{"text":"Market Insights"}}},{"id":"5ebb4c89-29d1-5f3f-869b-ad6ec05135ed","slice_type":"blog_buttoncont","primary":{"buttontext":{"text":"Link to Blog"},"description":{"text":"Read further insights from Dr. Miro Mitev on the strategic asset allocation driving the AI infrastructure super-cycle below:"},"title1":{"text":"The Real AI Race: Why America's Lead Is Built on Gigawatts and Capital"},"link":{"url":"https://www.smartwealth.ch/en-gb/blog/the-real-ai-race:-why-america's-lead-is-built-on-gigawatts-and-capital%C2%A0"}}},{"id":"83e2a94c-aca3-529f-b1f0-992ae3bbdf91","slice_type":"blog_formattedtextblock","primary":{"formattedtextblock":{"text":"Family Office Event: We were delighted to host a private event in Zurich, bringing together several prominent Swiss family offices for a thought-provoking discussion on the role of AI in asset management. It was interesting to explore key topics such as AI-driven portfolio optimization, how AI responds to black swan events, and the advantages of removing human bias from investment decisions. Scientific Advisory Board: One of the challenges facing AI today is the shortage of expert talent. Therefore, we were proud to have established a Scientific Advisory Board to advance our AI-driven investment strategy. The new Board will be led by Professor Manfred Deistler, a globally recognized authority in econometrics. As a Fellow of the Econometric Society, the Journal of Econometrics, and the IEEE, he stands for academic excellence. He was also a scientific advisor to Siemens’ fin4cast group. We are also delighted to have Michael Wolf, Professor of Econometrics and Applied Statistics at the University of Zurich, on the Board. This Board underscores our dedication to pioneering innovation grounded in rigorous, evidence-based research, transforming academic excellence into real-world investment performance. Presentation at EAM Day Zurich 2025 by SPHERE: Our Chief of Operations, Martin Velten, presented at EAM Day Zurich to discuss private markets as vital diversification tools, alongside Ralf Sibbing from EQT Group and Roman Mayer form UBP Bank. It was a fascinating discussion how investors are integrating private market alongside their liquid public market exposure into their long-term investment strategies. Dr. Miro Mitev will also be attending the Swiss Association of Wealth Managers Annual Conference on 28 October in Zurich, where he will be moderating the panel discussion, “The Dynamic Landscape of Innovation and Investment: Opportunities and Challenges for Asset Managers in 2025.” More information about the event is available below: ","html":"Family Office Event: We were delighted to host a private event in Zurich, bringing together several prominent Swiss family offices for a thought-provoking discussion on the role of AI in asset management. It was interesting to explore key topics such as AI-driven portfolio optimization, how AI responds to black swan events, and the advantages of removing human bias from investment decisions.
Scientific Advisory Board: One of the challenges facing AI today is the shortage of expert talent. Therefore, we were proud to have established a Scientific Advisory Board to advance our AI-driven investment strategy. The new Board will be led by Professor Manfred Deistler, a globally recognized authority in econometrics. As a Fellow of the Econometric Society, the Journal of Econometrics, and the IEEE, he stands for academic excellence. He was also a scientific advisor to Siemens’ fin4cast group. We are also delighted to have Michael Wolf, Professor of Econometrics and Applied Statistics at the University of Zurich, on the Board. This Board underscores our dedication to pioneering innovation grounded in rigorous, evidence-based research, transforming academic excellence into real-world investment performance.
Presentation at EAM Day Zurich 2025 by SPHERE: Our Chief of Operations, Martin Velten, presented at EAM Day Zurich to discuss private markets as vital diversification tools, alongside Ralf Sibbing from EQT Group and Roman Mayer form UBP Bank. It was a fascinating discussion how investors are integrating private market alongside their liquid public market exposure into their long-term investment strategies.
Dr. Miro Mitev will also be attending the Swiss Association of Wealth Managers Annual Conference on 28 October in Zurich, where he will be moderating the panel discussion, “The Dynamic Landscape of Innovation and Investment: Opportunities and Challenges for Asset Managers in 2025.”
More information about the event is available below:
"},"title1":{"text":"Corporate Updates"}}},{"id":"44ce1b9a-ae37-5e99-9eb2-c92b10830028","slice_type":"blog_buttoncont","primary":{"buttontext":{"text":"Program PDF"},"description":{"text":""},"title1":{"text":"Final program for the Yearly Congress of the Swiss Association of Wealth Managers"},"link":{"url":"https://smartwealth.cdn.prismic.io/smartwealth/aO-v6J5xUNkB1_ZR_Program_SAM_congres_zurich_2025_black_v11.pdf"}}}]}}]},"prismicHeaderitem":{"lang":"en-gb","type":"headeritem","url":"/en-gb","alternate_languages":[{"lang":"de-ch","type":"headeritem"}],"data":{"button":{"text":"Invest Now"},"item1":{"text":"Why Smart Wealth"},"item2":{"text":"Solutions"},"item3":{"text":"About Us"},"aboutus":[{"aboutus_name":{"text":"About Us"}},{"aboutus_name":{"text":"Brochures"}}],"item4":{"text":"Einblicke"},"item5":{"text":"Contact"},"item6":{"text":"Blog"},"item7":{"text":"Products"},"solutions":[{"solution_name":{"text":"Private Banking Kunden"}},{"solution_name":{"text":"Institutionelle Kunden"}},{"solution_name":{"text":"B2B"}}],"products":[{"product_name":{"text":"Smart Wealth"}}],"cookie_consent":{"raw":[{"type":"paragraph","text":"Diese Website verwendet Cookies, um die Benutzererfahrung zu verbessern.","spans":[]}]}}},"prismicFooteritem":{"url":"/","type":"footeritem","lang":"en-gb","alternate_languages":[{"lang":"de-ch","type":"footeritem"}],"data":{"about":{"text":"Smart Wealth Asset Management AG has been authorised by the Swiss Financial Market Supervisory Authority FINMA to act as an independent asset manager in accordance with the FINIG/FIDLEG guidelines. Smart Wealth is subject to AOOS supervision."},"allrights":{"text":"All Right Reserved"},"item1":{"text":"Why Smart Wealth"},"item2":{"text":"Private Clients"},"item3":{"text":"B2B Clients"},"item4":{"text":"About Us"},"item5":{"text":"Insights"},"item6":{"text":"Partner Banks"},"item7":{"text":"Contact "},"privacy":{"text":"Privacy Policy"},"terms":{"text":"Terms & Conditions"},"clientinformation":{"text":"Client information"},"impressum":{"text":"Imprint"}}}},"pageContext":{"url":"/en-gb/blog/multi-asset-ai-flagship-fund-quarterly-report:-july-7th---october-1st,-2025","type":"blogpost","lang":"en-gb","data":{"title":{"text":"Multi Asset AI Flagship Fund Quarterly Report: July 7th - October 1st, 2025"}}}}, "staticQueryHashes": ["2099809033"]}