A wealthy Zurich family office has launched a new fund offering exposure to the vintage car market at a time when investor appetite for collectibles, and the generous returns they can produce, continues to spawn more esoteric investment funds.

The Count of Custoza Family Office yesterday announced the launch of The Classic Car Fund based in Liechtenstein, quoted on the German fund exchange. It is targeting €350m of assets over the next five years with a minimum investment of just €100. There is no lock-in period and the fund is targeting an annual return of 17%.