Hello dear community,
Today I would like to introduce you to a unique fund that has not only outperformed the MSCI World, but is also innovative / sensible and, you may not believe it, comes from Germany.
It is about the $U5W0 (+0,46%)
"CoIQ Collective Intelligence Fund"
WKN: A3C91C / ISIN: DE000A3C91C5
It is well known that there are investors who beat the market. One problem, however, is that most of them do not succeed in the long term and it is often only after the outperformance that you can see which investors were the best.
If it were possible to measure / quantify investor skill and derive from this which investors have a high probability of outperforming in the future, it would be possible to copy their positions and thus beat the market.
The stock market game informunity.de was launched for this purpose in 2008.
The difference to other stock market games: There are no certificates, no penny stocks and it has no end.
The aim is not to find the top performers over a short period of time, but to find investors who outperform over several stock market cycles.
Investors have 300 stocks to choose from at any given time:
https://www.informunity.de/stock_modifications.p
An index is formed from these shares, the "informunity share index".
IMPORTANT: This index is NOT what the fund tracks, it merely serves as a benchmark against which the participants are measured.
https://www.informunity.de/static.php?M=iax
There are several paper portfolios in which you can select shares from different investment universes.
Basic portfolio - 10 shares out of 300
Buy and sell possible on the next trading day
Hold portfolio - 10 shares out of 300
5 must be held until the end of the year
5 must be held until the end of the quarter
Short portfolio - 10 shares out of 300
Position value changes inversely to the share price.
Value portfolio - 10 out of 230 shares
Exclusion of the most expensive shares (value + blend)
Growth portfolio - 10 shares out of 150
Stocks with the strongest growth
Risk portfolio - 10 shares out of 300 + cash account
Minute-by-minute trading possible, various order types, position size freely selectable
There is also
- a prediction game where you can vote on how the index will perform on the following day
- A multi-asset portfolio (shares, Bitcoin, commodities, bonds, gold, real estate, cash)
- a (challenging) quiz
The performance of the base and hold portfolios is used to calculate a score for each player, the so-called IPQ (Investment Performance Quotient).
https://www.informunity.de/static.php?M=ipq
The 300 investors with the highest IPQ are called top investors.
However, their position is not set in stone; any user can move up or down.
Why should investors participate voluntarily?
Firstly, many people have the urge to compare themselves with others.
In addition, people with an affinity for the stock market often act out of a kind of intrinsic motivation. What feels like work for one person may be fun for another.
But I don't have to explain that to you in the financial bubble, because you enjoy watching stuff every day that others would be bored to death by.
There are also credits as an incentive if you do certain things or achieve certain goals. If you have 3000 credits, you can have them paid out as a €30 Amazon voucher.
How do you classify this?
I can say from personal experience:
In my best quarter I had made 2100 credits, but normally it's more like 400 - 700 credits per quarter.
(My IPQ is in the top 5-10% ... and yes, that's a flex 💪)
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Are you still with me? Haven't fallen asleep yet?
Well, then it's time for a short commercial break from our sponsor, without whom none of this would be possible:
https://www.youtube.com/watch?v=E77R0e5bzIs
Disclaimer: This is not a political statement. No British people were killed or injured during filming.
Thanks to "Juice That Makes Your Head Explode" and thanks to all the readers who clicked on the link, now on to the fund.
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A portfolio is then formed from the portfolios of the top 300 investors with the highest IPQ, which the fund attempts to replicate.
The aim is to achieve an equity allocation of 100%.
Although this is legally a UCITS fund, the UCITS rules are deliberately interpreted offensively and pushed to their limits.
The top holdings (such as NVIDIA, Rheinmetall or Siemens Energy) are often close to the 10% mark. Although there are 100 stocks in the fund, the top 10 stocks account for more than 50%. [As at 01.05.2026]
There are no clear rebalancing days, reallocations take place dynamically if the portfolios of the top investors deviate too much from the fund portfolio.
The historical performance is impressive.
The top investor portfolio has been in place since 2016 and has made 19% p.a. in that time, compared to the ACWI, which only achieved 12.1% p.a. returns.
Points of criticism and risks:
It is very clear that the UCITS wrapper was only chosen here for regulatory reasons; this is not a diversified world ETF, but a highly concentrated portfolio that loses more on setbacks and (hopefully) profits more on rises.
The equity universe is limited; as the fund must be able to rebalance quickly, only highly liquid stocks that are tradable on Tradegate are available.
The fund's internal trading costs can fluctuate greatly depending on the stock market phase.
In the event of structural breaks and regime changes, the top investors may not adapt quickly enough, resulting in underperformance until the IPQ of the new top investors has adjusted.
The fund volume is very small and theoretically it can be discontinued at any time. However, I don't think so, as the database of the stock market game is too valuable and cannot be easily replicated.
It is more likely that CoIQ.capital GmbH will be bought by a larger player, which will then beat the advertising drum with a marketing budget.
In addition, the fund recently received a Morningstar 5-star rating, which is a quality feature that professional family offices and asset managers in particular pay attention to.
https://global.morningstar.com/de/investments/fonds/0P0001OI4K/kurs
How can the CoIQ Collective Intelligence Fund be sensibly integrated into a portfolio?
As the volatility and concentration are extremely high, the answer can only be an admixture of no more than 10%.
Since you never know how the fund will be positioned, it is neither momentum nor value or quality and should be understood as a multi-factor fund.
I have deliberately kept this brief, all information comes from either:
the website of CoIQ.capital GmbH:
or the associated stock market game:
If you are interested, you can find more information there.
That concludes the fund presentation section.
But I would like to say a few words about the stock market game and why you should give it a try.
I've been active since Q3 2023 with https://www.informunity.de/ and I have to say that the experience has been consistently positive.
There is no forum by design; you don't want decision-making processes to be influenced by filter bubble effects or social dynamics.
But at the same time, you have a reality check on how your investment themes have performed, how good you really are compared to others.
What type of investor you are and whether your self-image can keep up with the bare figures.
And all without having to pay expensive tuition fees.
Studies regularly show that around 75% to 90% of investors consider themselves to be above average.
Here you have the opportunity to put it to the test.
The Amazon voucher is a nice goodie, but for stock-savvy people like you, it could bring real added value and make you a better investor in the long term.
Thank you for your attention.
Feel free to write why the fund / stock market game is interesting for you or why not.
😘
