Whisky Fund Investors Are About to Toast Their First Dividend

The Platinum Whisky Investment Fund, which was launched in Hong Kong in June 2014, is preparing to pay its first dividend, according to chief executive officer Rickesh Kishnani.

The aim of the fund, which the managers say is the first of its kind, is to provide an annual return of up to 17 percent by benefiting from rising prices for old and rare single malt whiskies. The managers buy malts with a view to selling them at a profit as the value increases over the remaining years of the fund’s seven-year lifespan, with the proceeds being returned to investors. Thirty-seven people have stakes in the fund.