Commodity Discovery Fund
- Company typePrivate
- Founded2008
- HeadquartersAerdenhout, Netherlands
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Commodity Discovery Fund does
Commodity Discovery Fund is a privately held, UCITS-regulated Dutch mutual fund (fonds voor gemene rekening) founded in 2008 and managed by Commodity Discovery Management B.V. from its headquarters in Aerdenhout, Netherlands. The fund invests in approximately 40 publicly listed companies with new projects across precious metals (gold, silver, platinum, palladium), industrial metals (copper, nickel, lithium, zinc), and energy (uranium, oil and gas), with the portfolio tilted to early-stage exploration (40%), developers (25%), and producers (25%). Assets under management exceed €200 million, served through a base of more than 2,000 participants, with monthly NAV publication and an operational history of tracking 90+ takeovers across its universe.
The fund monetizes AUM via a tiered fee schedule: a 1.8% (or 1.5% for €1M+ tickets) annual management fee billed quarterly, a 20% (or 15%) performance fee over a 6% annual hurdle, plus 0.5% entry and exit fees mandated by the AFM. Minimum participation is €50,000, with €25,000 minimum after partial redemption, and subscriptions/redemptions settle monthly with 48 hours' notice. Distribution is entirely direct via the fund's website, online registration, monthly reports, the "Commodity Update" newsletter, YouTube Market Outlook content, and in-person presentation events; no third-party platforms or intermediaries are used. The fund is administered by Bolder Fund Services (Netherlands) B.V., audited by RSM Netherlands Accountants, and operates with a Stichting Legal Owner CDFund custody structure; founder Willem Middelkoop acts as fund manager and has significant personal capital invested alongside participants. There is no proprietary technology platform or AI capability disclosed — investment selection is discretionary, supported by human research and a 17-year internal commodity discovery database.
Commodity Discovery Fund firmographics
Firmographics- Name
- Commodity Discovery Fund
- Legal name
- Commodity Discovery Management B.V.
- Website
- https://cdfund.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Commodity Discovery Fund industry classification
Industry- Product category
- Commodity Investment Fund
- NAICS
- Other Investment Pools and Funds (5259), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Real Assets — Natural Resources & Minerals (Mining, Royalties/Streaming) (FSAHAIAK)
Keywords
Where Commodity Discovery Fund is headquartered
LocationHeadquarters
- HQ city
- Aerdenhout
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
Commodity Discovery Fund business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Management Fees: A fixed management fee of 0.45% per quarter (1.8% per year) is charged on invested assets. This fee covers research costs, office rent, personnel, and promotion. The fee is automatically reflected in the NAV.
- Performance Fees: A performance fee of 20% (15% for investments starting from €1 million) applies when the annual return exceeds 6%. This fee is calculated separately for each participant and settled through the number of units held. The 6% hurdle rate ensures no performance fee is charged on the first 6% return per year.
- Entry and Exit Fees: Entry fees of 0.5% on contributions and exit fees of 0.5% on withdrawn amounts are charged as required by the AFM regulatory authority.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | Standard investor tier with 20% performance fee over 6% hurdle |
| Subscription | Quarterly | Large investor tier with reduced performance fee for €1M+ investments |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
Commodity Discovery Fund product offering
Product offeringCore offering
Commodity Discovery Fund is a Dutch UCITS-compliant mutual fund that actively invests participant capital in approximately 40 publicly listed companies with new projects in precious metals, industrial metals, and energy. The fund manages over €200 million on behalf of 2,000+ participants, with subscriptions available from €50,000 via a direct online registration platform or through the fund's office, and offers monthly redemption windows. Performance is reported through monthly NAV updates, monthly reports, and quarterly performance fees calculated against a 6% annual hurdle.
Product overview
The Commodity Discovery Fund is a single, unified commodity investment fund structured as a UCITS-compliant vehicle. The core product is the Commodity Discovery Fund itself, which manages a portfolio exceeding €200 million invested across 40 publicly listed companies in precious metals, industrial metals, and energy sectors. Participation is facilitated through an online registration platform accessible to both private individuals and legal entities, with a minimum investment threshold of €50,000. The fund has been operational since 2008, offering monthly subscription and redemption windows, and publishes regular performance reporting including monthly reports and indicative NAV updates.
Differentiator
Problem solved
Functional benefit
Products and services
- Commodity Discovery Fund A Dutch UCITS-compliant commodity investment fund managing a portfolio exceeding €200 million, investing in approximately 40 publicly listed companies with new projects in precious metals (gold, silver, platinum, palladium), industrial metals (copper, nickel, lithium, zinc), and energy (uranium, oil and gas). Participation is open from €50,000 to both private individuals and legal entities, with monthly subscription and redemption windows.
- Online Registration Platform Web-based subscription system that enables investors to register online as participants in the Commodity Discovery Fund, supporting both individual investors and legal entities with minimum subscriptions starting at €50,000.
Companies that use Commodity Discovery Fund
Customer profileSegments1 record
Ideal customer profiles1 record
Commodity Discovery Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Commodity Discovery Fund partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Bolder Fund Services (Netherlands) B.V.coreIndependent fund administrator responsible for calculating the NAV monthly, maintaining participant records, and processing subscriptions and redemptions. Provides services to over 100 different investment funds.
- RSM Netherlands AccountantscoreIndependent auditor that officially publishes audited yearly financial statements, checking calculations made by Bolder Fund Services. Conducts annual audit reviewed at shareholder meetings.
- Stichting Legal Owner CDFundcoreLegal owner structure that acts as guardian of the fund's cash deposits and positions. Ensures fund assets are protected and cannot be used for purposes other than investment mandates.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Commodity Discovery Fund competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Commodity Discovery Fund social profiles
Digital presenceCommodity Discovery Fund compliance and trust
Trust signalCompliance3 records
Commodity Discovery Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Commodity Discovery Fund leadership team
Management profileNumber of profiles
Profiles1 record
Commodity Discovery Fund subsidiaries and ownership
Company hierarchySubsidiaries1 record
Commodity Discovery Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Commodity Discovery Fund M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Commodity Discovery Fund
What does Commodity Discovery Fund do?
Commodity Discovery Fund is a Dutch UCITS-compliant mutual fund that actively invests participant capital in approximately 40 publicly listed companies with new projects in precious metals, industrial metals, and energy. The fund manages over €200 million on behalf of 2,000+ participants, with subscriptions available from €50,000 via a direct online registration platform or through the fund's office, and offers monthly redemption windows. Performance is reported through monthly NAV updates, monthly reports, and quarterly performance fees calculated against a 6% annual hurdle.
Is Commodity Discovery Fund a public or private company?
Commodity Discovery Fund is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Commodity Discovery Fund founded?
Commodity Discovery Fund was founded in 2008. It employs 11 to 50 people.
Where is Commodity Discovery Fund based?
Commodity Discovery Fund is headquartered in Aerdenhout, Netherlands, in the Europe region.
How does Commodity Discovery Fund make money?
Three revenue lines are on record. Management Fees are the primary driver. The others are performance Fees and entry and Exit Fees.
Does Commodity Discovery Fund have an API?
No public API is recorded for Commodity Discovery Fund.
What industry is Commodity Discovery Fund in?
Commodity Discovery Fund's product category is Commodity Investment Fund. Its primary akta.pro industry code is FSAHAIAK, Real Assets — Natural Resources & Minerals (Mining, Royalties/Streaming). Its NAICS code is 5259 and its SIC code is 6200.