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Craton Capital Global Resources Fund awarded Refinitiv Lipper Fund Award

Craton Capital Global Resources Fund awarded 
Refinitiv Lipper Fund Awards (Germany) 2021 Winner, 
Best Materials Fund Over 5 Years 

Dear Investor

We are pleased to inform you that the Craton Capital Global Resources Fund has been awarded the Refinitiv Lipper Fund Awards (Germany) 2021 Winner for Best Materials Fund over 5 Years.  The fund’s performance was  +195% over that time period (2016 – 2020).


Performance of Craton Capital GRF compared with
MSCI World Index for 5 years to end of 2020


Source: Bloomberg. MSCI World Index is shown for illustrative purposes and does not represent the fund benchmark.

We would like to thank our investors for their trust and confidence in the fund and the Craton team. We will continue to strive to find the best investment opportunities on behalf of our clients, with the firm expectation that the best and most rewarding years still lie ahead of us.

The Craton Capital Global Resources Fund invests worldwide in companies that produce, develop and explore for materials. In comparison to many other equity sectors, the companies in our investment universe are still attractively valued. In addition, they provide a very strong ESG positioning. Although the past 5 years have been rewarding to investors, the best might be still to come. 

For investors who are considering an exposure to the sector, the Craton Capital Global Resources Fund (ISIN:  LI0043890743,  Bloomberg ticker:  CRGRESA LE Equity) offers a diversified exposure and a proven track-record. The investment team can be contacted for any further information or questions at This email address is being protected from spambots. You need JavaScript enabled to view it.. Our sales consultants, detailed below, will be happy to respond to any further enquiries regarding the fund.


Funck Financial Consulting
Jutta Funck
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +49 6103 72514
Switzerland, Liechtenstein:
Lenzin Capital Advisors
Rainer Lenzin
This email address is being protected from spambots. You need JavaScript enabled to view it.
+41 79 231 84 20
Craton Capital Global Resources Fund - The investment case in a nutshell
Around seven years ago, our research provided early indications that a new commodity (super) cycle was in the making (The Commodity Super Cycle has ended - We do not think so!; January 2014). At the time, natural resources investments were perceived by the market as “down and out”. Since then, we have continually tested and validated the investment thesis. Many of the underlying assumptions have since become reality and, even before the emergence of COVID, the foundations were in place for a new sustainable and strong up-cycle. Years of misallocation of capital by the sector and exponential cost inflation enforced a fundamental restructuring on the industry and questioned the way things were done in the past. As a result, new production capacity was curtailed, costs were significantly reduced and strict return-on-capital measures were implemented by many of the companies. At the dawn of the new up-cycle, most companies now present themselves with very healthy financial conditions and have turned into significant Free Cash Flow producers with little or no debt, rewarding investors with sizeable dividend payments. The fund’s strategy and its stock selection over the 5 years has been based on that original investment thesis, although amended and adjusted over the period. 

The post-COVID era is expected to be a further game-changer, adding petrol to the fire for the materials sector. Global economic stimulus programs will be gigantic in scale – some are already approved and more are expected to follow. 

The strong focus on sustainable investments will intensify the demand for so many materials. Copper, lithium, nickel, silver and platinum are just a few of the many metals that form the foundation of a new sustainability-driven value chain, which will be needed to meet the ambitious and necessary targets being set. In short, a lot of revved-up and sustainable demand is coming up against constrained supply. And the period from discovery to development and production often exceeds 10 years for most types of mined resources. There is no instant gratification or immediate supply response. These conditions will firmly support materials prices for an extended period of time. The coming up-cycle might have very long and strong legs.



The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. Lipper Leaders fund ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see