The fund is the world’s first regulated and publicly listed fund to invest in single malts.

Individuals living in the UK with a minimum of around £87,000 are being targetted to boost investment in malt whisky.

The Scotsman reported that the Swedish-listed fund aims to raise up to €25 million (£21.6m) in total and is now targeting UK investors.

The fund is aiming to monopolize on the growing demand among high net worth individuals for investing in alternative assets as part of their portfolio.

Between 2014 and 2019, an index developed by analysts Rare Whisky 101 saw growth of 162.2% compared to 13.1% from the FTSE 100 and 19.2% from gold.

The fund is being marketing to professional investors in the UK via wealth managers and family offices with a minimum investment of €100,000.

Christian Svantesson, Single Malt Fund’s chief executive, said: “The fund is unique in that we are not only creating a vehicle for whisky enthusiasts to invest in whisky. We are also allowing them to indulge in their passion by providing first access to bottles of rare and collectable whisky once the fund decides to sell.

“By launching this fund, we are tapping into a growing demand among high net worth individuals for investing in alternative assets such as art, wine, cars and watches. However, unlike any other passion pursuit, The Single Malt Fund is regulated and listed on a public exchange, making our investment process fully transparent.”