The fund managers are trying to raise 25 million euros to establish the first publicly traded fund based on the ownership of bottles of whisky.
The Single Malt Fund is not the first fund to invest in the whisky industry nor is it the first publicly traded spirits fund. It will be, however, the first publicly traded fund that invests in physical bottles of whisky.
More on this can also be found at Atlas Obscura.
This is only likely to put more upwards pressure on the price of rare and fine whiskies, driving more “ordinary” whisky lovers out of that end of the market.