A new app is taking the investing world by storm.
This app gives you access to an exclusive asset class typically reserved for the 1%.
This asset class is worth over $1.7 trillion, 5x bigger than bitcoin’s market cap, according to Goldman Sachs.
It has almost no correlation to public equities, according to data from Citi.
And, its prices have outpaced the S&P 500 index by 131% over the last 26 years. What is this asset class?
But diversifying with art arguably costs $100,000,000.
This investing app founded by Princeton, Harvard, and Stanford alumni, lets you invest in the same paintings collected by billionaires.
So you’re probably asking yourself, “how have their paintings performed for their investors?”
Even when markets crashed in 2022, they handed members +21%, +27%, and +32% net returns from some of their past offerings.
They launch new offerings all the time, but many sell out rather quickly.
Want to see which famous artwork is available? You can see them right here.
“Net Return” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the date the sale is consummated. IRR may not be indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. See important Reg A disclosures: Masterworks
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