Capital institucional y de redRed mercantilCapital mercantil / bancarioAlphaBasada en créditoAgresivaAlta complejidad

Cartera de Jakob Fugger

A mining-and-credit empire built around copper, silver, sovereign lending and political access to European rulers.

Asignación de activos

Copper & Silver Mining Rights
40%
Sovereign Credit
30%
Trade & Logistics Capital
15%
Political Concessions
10%
Liquidity Reserves
5%

Historia

Jakob Fugger, known as Fugger the Rich, became one of the most powerful financiers of early modern Europe. His wealth rested on a combination of mining rights, especially copper and silver, trade networks and large-scale lending to rulers including the Habsburgs. Fugger capital helped finance imperial politics, while privileged access to mining concessions and repayment streams tied financial wealth directly to state power.

Filosofía

The Fugger model combines hard assets with sovereign credit. Mines provide real resource exposure and industrial cash flow; loans to rulers provide yield, influence and access to concessions. The edge comes from scale, information, political proximity and willingness to underwrite concentrated sovereign risk. The danger is equally clear: rulers can default, wars can disrupt production and political privilege can reverse.

Implementación

Productos y proxies locales

Global · Jakob Fugger Mining & Sovereign Credit Portfolio implementation

Long-term individual investor

Use broad, low-cost funds or ETFs matching each asset class.

Notas de cuenta: Implementation depends on local account types and tax wrappers.

Costes: Prefer low-cost, liquid vehicles.

Rebalanceo: Annual rebalancing or tolerance bands.

Fiscalidad: Country-specific tax treatment should be reviewed before implementation.

Los productos mencionados son ejemplos para investigación. Disponibilidad, fiscalidad, clases de participación e idoneidad deben comprobarse con el broker y la situación fiscal del inversor.

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Rendimiento

Cómo ha funcionado esta cartera en los mercados modernos

Rebalanceo anual, proxies locales de bonos y liquidez cuando corresponde, y ajuste opcional por inflación mediante IPC.

Ver análisis completo
1970-2024Escala logarítmica
4.61x3.16x2.17x1.49x1.02x19701984199720112024

CAGR

2.8%

1970-2024

Máxima caída

-4.5%

Volatilidad

2.5%

Peor año

-4.5%

2022