Why not invest in whiskey instead! ;)

A group of Swedish scotch enthusiasts just created the world’s first publicly traded whiskey commodity fund, The Single Malt Fund.

Unlike similar listed funds, which are investing in whiskey producing companies like Johnnie Walker and Jack Daniel’s, Single Malt Fund owns a large collection of rare and limited edition whiskies. The fund’s CEO and co-founder Christian Svantesson stated: „It’s essentially a commodity fund, but instead of gold we buy liquid gold“

Svantesson added: „In the past decade, the basket has averaged almost 25% growth per year and we are opening up this opportunity to the broader masses“ Data from the publicly accepted price catalog Rare Whiskey 101 also shows that since 2010 the value of a collection of the world’s 100 most valuable single malt whiskies has gone up 447%

In march the Single Malt Fund will be listed on the Stockholm-based Nordic Growth Market, and its investors will also be able to buy single bottles from the fund’s online inventory.