11.68%
Return Since Inception (Series I)
Request a Fact Sheet
Find out more about how our alternative investment strategies can help you diversify and grow your portfolio.
Music Royalties
Open-Ended
ICM Crescendo Music Royalty Fund
7.27%
Current Distribution Yield (Series I)
6,226
Songs
$XXM
Assets Under Management
*As of December 31, 2025
- Focus
- Music Royalties
ICM Crescendo Music Royalty Fund seeks to provide investors with an attractive, durable and uncorrelated yield by directly investing in music intellectual property.
Average Trailing Returns1
| Fund Serv Code | Series | Inception Date | 1 Mo | 3 Mo | 6 Mo | 1 Yr | 3 Yr | 5 Yr | SI (Ann.) |
|---|---|---|---|---|---|---|---|---|---|
| ICA100A | ADV | May 2021 | 1.29% | 2.37% | 5.80% | 11.21% | 10.87% | N/A | 11.19% |
| ICA100F | F | Sep 2020 | 1.37% | 2.60% | 6.27% | 12.21% | 11.91% | N/A | 11.35% |
| ICA100U | F-US$ | Aug 2021 | 1.50% | 2.76% | 4.70% | 10.13% | 10.73% | N/A | 11.68% |
| ICA100FI | I | Jun 2020 | 1.29% | 2.54% | 6.77% | 12.94% | 12.36% | 11.56% | 11.33% |
1 For the period ending July 31, 2025. Past performance is not indicative of future returns.
Calendar Year Returns1
| Fund Serv Code | Series | 2020 | 2021 | 2022 | 2023 | 2024 | YTD |
|---|---|---|---|---|---|---|---|
| ICA100A | ADV | N/A | 5.35% | 14.25% | 9.47% | 11.02% | 6.37% |
| ICA100F | F | 1.63% | 8.32% | 15.36% | 10.52% | 12.05% | 6.92% |
| ICA100U | F-US$ | N/A | 4.75% | 13.75% | 11.04% | 10.76% | 5.35% |
| ICA100FI | I | 3.51% | 8.56% | 15.70% | 10.84% | 12.44% | 7.45% |
1 For the period ending July 31, 2025. Past performance is not indicative of future returns.
Growth of $100K Since Inception (Series I)2
Inception Date: June 2020
2 Assumes that all distributions are reinvested at 97% of Series NAV (Advantaged DRIP™).
Asset by Genre1
| Category | % of NAV |
|---|---|
| Pop | 33.6% |
| Rock | 25.5% |
| R&B/Hip-Hop | 13.8% |
| Country | 9.6% |
| Electronic | 7.9% |
| Latin | 5.8% |
| Christian | 1.9% |
| Holiday | 1.5% |
| Classical | 0.0% |
| Total | 100.0% |
1 For the period ending June 30, 2025. Total may not equal 100% due to rounding. Portfolio metrics prepared by ICM are unaudited.
Asset by Age1
| Song Age (Years) | % of NAV |
|---|---|
| 0-2 | 0.3% |
| 3-5 | 9.9% |
| 6-10 | 35.2% |
| 10+ | 54.6% |
| Total | 100.0% |
1 For the period ending June 30, 2025. Total may not equal 100% due to rounding. Portfolio metrics prepared by ICM are unaudited.
Other Funds
ICM Bluebird Canadian Storage Fund
The only storage fund in Canada focused on Class A assets in major markets, we built the fund to consolidate a portfolio of institutional quality assets from coast to coast and capitalize on the undersupplied Canadian storage market.
Learn MoreICM USCI III
Building on the strategy and performance of USCI and USCI II, USCI III will continue to target value creation through the development of high-demand assets and the selective acquisition of existing properties in the U.S. Sun Belt at favourable entry points.
Learn MoreICM Property Partners Trust
Provides investors with real diversification in private real estate. By investing in several of North America’s most compelling real estate trends, we capitalize on opportunities across differing property types and diverse North American growth markets.
Learn More
ICM’s Music Royalty Platform
Investing in music royalties as an alternative investment can bring income, growth and diversification to a portfolio. We all have an emotional connection with music. People consume music in both good and bad markets. Our goal is to help our investors diversify in a sector that has a low correlation to equity markets and is relatively impervious to the ups and downs of the economy.