I have read a number of books on the future including Abundance: The Future Is Better Than You Think and Bold: How To Go Big, Create Wealth And Impact The World both written by Peter Diamandis and Steven Kotler.
The theme of Abundance is that new technologies are going to solve many of the world’s resource problems over the coming 10-20 years bringing about a world of future abundance. It is a well researched and hugely optimistic book. Bold focuses more on what they call exponential entrepreneurs who use exponential tools and technologies to reach large populations of people and take on large challenges that were previously only addressable by government. People such as Jeff Bezos, Richard Branson, Larry Page and Elon Musk are cited as examples of this new breed of exponential entrepreneur. They are of course the founders of Amazon, Virgin, Google and Tesla.
Following on from these two impressively researched and entertainingly written books I read a book by Jim Mellon and Al Chalabi called Fast Forward in which the authors identify 8 areas which will have the most impact on our lives, highlighting investment opportunities along the way. These areas are as follows;
- Robotics and automation
- Biotechnology or life sciences
- The Internet Of Things
- Transportation
- Energy especially renewable energy and new nuclear energy
- Banking including payment processing and Challenger Banks
- 3D printing
- Media, publishing, education
I am so convinced that these areas represent the greatest growth opportunities over the next 5-10 years and beyond that I have formed a new fund management company called Minerva Money Management and we have created a portfolio called Intelligent Wealth which will invest in these sectors. Needless to say companies with exponential entrepreneurs running them will feature in our fund.
Our investment strategy will be to invest in Exchange Traded Funds, investment trusts, OEICs/unit trusts, equities and pre-IPO unlisted securities. What this means for investors is that they will have access to investments which do not usually offer investor protection under the Financial Services Compensation Scheme, FSCS, but will be protected as our fund is an OEIC.  They will also be able to invest in private equity stocks such as Uber, Airbnb and Netflix. Such stocks often produce significant returns once they float on a stockmarket as public companies.
We are very excited about The Intelligent Wealth Fund’s prospects. We are not aware of a fund like it. We already have a ghost portfolio and we have back tested the results of a portfolio of similar investments which has produced an annual return of 23% over the last 5 years*. The usual risk warnings apply of course. Past performance simulation is no guarantee of future returns. Your capital is at risk.
* The back tested results do not imply future performance will be similar. The results have not been audited. The fund has not been in existence during this period.
Tony Byrne
Managing Director
Minerva Money Management
