A Comprehensive Guide to Actively Managed Certificates (AMCs)

The AMC Advantage

In today’s fast-moving investment landscape, agility is everything. Investors expect personalized portfolios, real-time visibility, and access to both traditional and alternative assets, without the cost and complexity of legacy fund structures.

Say hello to Actively Managed Certificates (AMCs): flexible, securitized investment products that combine the strategic control of a fund with the simplicity of a certificate. Whether you’re an individual investor, family office, or advisor, AMCs offer a smarter path to building and scaling investment strategies and private wealth portfolios.

FundFront’s AMC Platform is purpose-built to help firms issue fully-managed, white-labeled AMCs at speed, complete with structuring, compliance, administration, and investor-facing technology.

What is an Actively Managed Certificate (AMC)?

An AMC is a structured product that wraps a discretionary investment strategy into a securitized, ISIN-bearing certificate. Unlike traditional funds, which require complex setup, costly service providers, and jurisdictional approvals, AMCs offer:

• Faster launch times
• Lower operational costs
• Full control over strategy and execution
• Daily liquidity and pricing (depending on the underlying assets)
• Access to both liquid and alternative assets

AMCs are issued by a special purpose vehicle (SPV) that owns the underlying portfolio. The manager provides trading instructions, and investors hold a certificate linked to the strategy’s performance.

FundFront’s AMC Platform

FundFront offers a fully-managed AMC issuance platform, designed to help you build investment products and portfolios quickly, without operational drag.

Here’s what’s included in our AMC solution:

Product structuring & issuance

Launch your AMC through a plug-and-play issuance vehicle. FundFront handles all legal, regulatory, and structuring requirements, including setup.

Portfolio execution & management

Trade a wide range of underlying assets, from public equities to hedge fund strategies, crypto, real estate, and private debt. You retain full discretion; we handle the wrap.

ISIN allocation & listing

Each AMC is assigned an ISIN code and can be listed on recognized exchanges, expanding its reach across private banks, wealth platforms, and institutions.

Administration & compliance

Our infrastructure covers NAV calculations, performance reporting, trading support, and ongoing oversight.

Why AMCs are Reshaping Private Wealth?

Traditional fund structures, while still relevant, aren’t always ideal for fast-moving or bespoke strategies. By contrast, AMCs offer a high-speed alternative with built-in flexibility and broader asset eligibility.

Here’s why individual investors, family offices and advisors are embracing AMCs:

Speed to market

Launch times drop from 9–12 months (for a fund) to just a few weeks with an AMC.

Lower cost base

Skip the fund administrator, legal stack, and multiple vendors. Our unified platform drastically cuts fixed costs.

Investment flexibility

Hold traditional, alternative, and real-world assets in a single product, and rebalance in real time.

Use Cases: Who Benefits From AMCs?

1. Family Offices

Curate bespoke portfolios with complete discretion. Create certificates for internal strategies or offer structured investment menus to HNW clients — with no need to manage fund operations in-house.

2. Asset Managers & Trading Teams

Convert strategies into investable, ISIN-wrapped products in days. Perfect for liquid alts, long/short equity, fixed income, or macro strategies that require nimble execution and institutional packaging.

3. Private Banks & Wealth Platforms

Build your own AMC marketplace to offer clients a curated menu of proprietary and third-party strategies. FundFront’s infrastructure handles the operational load, while you control branding and client experience.

4. Private Capital & Venture Firms

Package illiquid investments — such as real estate, private equity, or venture — into listed, tradable certificates. Open up access to broader investor bases with a fully-compliant structure.

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Inside the FundFront Platform: What You Actually Get

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When to Choose an AMC vs. a Fund?

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Why choose FundFront?

At FundFront, we don’t just provide a wrapper , we deliver the entire infrastructure to issue and manage AMCs from end to end. With our platform, you’re not patching together legal, admin, and tech vendors. You’re launching fully-operational investment products through a single, unified system.

• Launch-ready AMC structures in weeks
• Scalable across jurisdictions and investor types
• Fully white-labeled under your brand
• Built-in compliance, reporting, and investor experience
• Modular and future-proof, grow your offering without changing systems

A Better Way to Launch Investment Products

Actively Managed Certificates represent the future of private capital packaging. They offer the flexibility of a mandate, the structure of a fund, and the agility of a digital-native product.

If you’re looking to bring strategies to market faster, broaden your investor base, or reduce the friction of traditional fund setups, AMCs through FundFront offer a powerful solution.

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Frequently Asked Questions

1. How do AMCs work?
AMCs are issued by a special purpose vehicle (SPV) that owns the underlying portfolio. The strategy manager provides trading instructions, while investors hold certificates linked to the portfolio’s performance. FundFront’s platform manages issuance, compliance, reporting, and administration.

2. How are AMCs distributed (privately placed vs exchange listed)?
AMCs can be distributed through private placements to institutional or professional investors, or listed on recognised exchanges such as the SIX Swiss Exchange. Private placements allow faster execution, while listings expand access to a wider investor base through standard banking channels.

3. How does securitisation of alternative investments offer strategic advantages?
Securitisation enables managers to launch investment products quickly, reduce operational costs, and access both liquid and alternative assets in a regulated, bankable format. It combines flexibility with scalability and this is why it can be ideal for fast-moving or bespoke strategies.

4. What types of investors use AMCs?

Family offices, asset managers, private banks, and trading teams all use AMCs to structure bespoke portfolios or distribute proprietary strategies efficiently. AMCs suit both institutional and high-net-worth investors seeking flexible, transparent exposure to diversified assets.

Let’s build your AMC platform

Contact us at hello@fundfront.com or request a demo to see how our infrastructure can power your next investment product.

Blogs You May Also Enjoy

• Understanding SPVs and Securitisation for Family Offices
• Structuring Your Securitised Investment Vehicle
• Securitisation and the Use of Orphan SPVs

 

Disclaimer

FundFront provides operational and technological solutions for fund structuring, securitisation and management. We do not provide legal, tax or financial advice. We recommend that you consult with professional legal or financial advisors to ensure compliance and appropriateness for your specific situation.