The LUXE Fund is a hedge fund that invests exclusively in champagne. It takes advantage of champagne's consistent returns averaging 31% over the past decade, while traditional commodities and investment wines have been more volatile. The fund is managed by Jonathan Myers and Douglas Snell, has a minimum investment of $25,000 for individuals or $125,000 for institutions, and charges annual management and performance fees. Champagne has significantly outperformed major stock indexes and commodities like gold and oil over the past 1, 5, and 10 years according to the document. The fund aims to deliver high returns with less volatility than traditional hedge funds by specializing exclusively in the top 25 champagne vintages.