FOIL-TCG
The TCG Index
The biggest worlds in trading card games, in one portfolio.
Planned
Methodology for this index is still in development. No indicative valuation, portfolio or performance figure is published for it.
Positioning
A portfolio spanning the major trading card game franchises rather than a single set, intended to hold the defining issues of each while capping exposure to any one franchise's release cycle.
- Several franchises now have a decade or more of graded sales history, which is enough to screen against.
- Franchise cycles are not synchronised, so a multi-franchise portfolio behaves differently to any one of them.
- Demand is international and largely independent of the sports card calendar.
Intended portfolio composition
| Theme | Era | Grade band | Weight |
|---|---|---|---|
| First-edition chase cards | Modern | PSA 9–10 | 15.4% |
| Early-franchise leader cards | Contemporary | PSA 10 | 10.2% |
| Tournament and promotional issues | Modern | PSA 8–10 | 7.8% |
| Illustrator and artist-signature cards | Contemporary | PSA 9–10 | 6.0% |
Illustrative holdings. Selections shown are examples of the kinds of assets that could meet documented eligibility criteria. No assets have been acquired and no portfolio has been finalised.
Category allocation
- Pokémon: 52.0%
- One Piece: 18.0%
- Magic: 17.0%
- Other franchises: 13.0%
Grade distribution
- PSA 10: 44.0%
- PSA 9: 38.0%
- PSA 8: 12.0%
- PSA 7 and below: 6.0%
Vintage vs modern
- Vintage (pre-1980): 0.0%
- Modern (1980–2009): 54.0%
- Contemporary (2010–): 46.0%
Index methodology
- Franchise caps
- Documented limits on exposure to any single franchise, so the index does not become one game's proxy.
- Defining issues only
- Restricted to the issues a franchise's own market treats as its reference cards.
- Print-run discipline
- Issues from ongoing print runs are held only where supply has demonstrably closed.
Status
- Liquidity score: 7.1 / 10 — illustrative composite of transaction frequency and market depth.
- Valuation confidence: Medium — Pokémon trades densely; the younger franchises do not yet have the same depth of record.
- Legal status: no vehicle formed, no assets held, no offering qualified. See structure and legal.
Risk
- Franchises outside the oldest sets have short price histories, and short histories are weak evidence.
- Publishers control supply. A reprint decision is a supply decision the portfolio cannot hedge.
- Diversification does not eliminate investment risk. Collectible assets are illiquid, volatile and may lose value.
- Liquidity is not guaranteed. A daily indicative valuation is not the same as the ability to transact daily, and no secondary market may develop.
- No offering has been qualified. If an offering is ever made, its risk factors will be set out in full in the applicable offering documents, which will supersede this summary.
Documents
Offering documents will be made available if and when an offering is qualified.
- Offering circular — pending
- Index methodology — pending
- Valuation policy — pending
- Custody disclosures — pending
This is not an offer to sell or a solicitation to buy any security. Statements describing Foil's intended structure, products and timelines are forward looking and remain subject to change, to applicable securities laws, and to the determinations of qualified counsel and regulated partners.