The high-end wine and spirit investment platform Vint is nearing the close of an investment fund comprised of wine from one of the premier producers in Bordeaux. The fractional investment platform builds collections of some of the world’s most sought-after investment-grade wine and spirits, opening the collections for prospective investors.
Wine is an asset class that has shown excellent resiliency in periods of economic uncertainty and downturn. With a history of appreciating well over time, its low correlation to other traditional markets such as stocks and bonds makes it a way to diversify a portfolio.
This 2015 collection, open for investment, has been procured by Chateau Latour, one of the most respected wine producers in France’s Bordeaux region. The London International Vintners Exchange (Liv-ex) is a worldwide marketplace for wine trading that monitors, tracks and distributes data related to the global wine economy and is the broadest measure of the market. Chateau Latour was ranked in the top 25 on the Liv-ex Brand Power 100, which ranks the top 100 wine brands in the world. Latour finds itself ranked as the No. 5 most popular wine producer in the Bordeaux region on Wine Searcher.
The 2015 collection consists of 120 bottles. The collection received a 98-point rating from Wine Advocate and an average of 97 points from all critics. The combination of high ratings received and relative scarcity — only 38 U.S. listings on the market — provides inherent value and demand for a collection that is projected to appreciate over its holding period.
The fund is broken into 820 shares with roughly 30% availability remaining as of June 8. The minimum investment amount is set at $100, which represents one share in the fund. The investment holding period is projected to fall within three to five years with the projected five-year index rate of 18%.
Photo courtesy of Vint
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.