Tracker Certificates
An ISIN wrapper that lets funds and illiquid strategies be booked, custodied and valued inside standard bank infrastructure, with NAV-based performance replication.
Key Features
What this structure gives you
NAV-based valuation
The certificate tracks the net asset value of the underlying strategy, so performance replication is transparent and rules-based.
Feeder or transitional structure
Use a tracker as a feeder into an existing fund or as a transitional wrapper ahead of a full launch.
Simplified investor onboarding
Investors access the strategy through a familiar ISIN-bearing security rather than a direct fund subscription.
Bank custody compatible
Booked and held within standard bank custody, removing the operational friction of holding the underlying directly.
Common Applications
Where Tracker Certificates fit
Application 01
Fund feeder structures
Application 02
Private equity access
Application 03
Illiquid asset wrapping
Application 04
Cross-border distribution
Frequently Asked Questions
How is a Tracker Certificate different from an AMC?
A tracker replicates the NAV of a defined underlying strategy or fund; an AMC gives the manager full discretion to compose and rebalance the portfolio.
Can a tracker wrap an existing fund?
Yes — a common use is a feeder tracker that gives bankable, ISIN-based access to an existing fund.
Ready to structure your next issuance?
Talk to our Swiss-based structuring team about your requirements, timeline, and optimal jurisdiction.