FUND INFORMATION
Objective and Suitability
The primary objective of this fund is to deliver long term capital growth while being 100%
invested in the cryptoasset class. The fund is suitable for medium to long-term investors
seeking high levels of exposure to the top 20 cryptoassets by market capitalisation. The
fund aims to provide investors with an enhanced risk-return measure relative to a pure
market-cap weighted top 20 strategy. Investors should expect moderately high levels of
volatility and potential drawdown of their investment.
Strategy
The CRYPTO20 Fund follows a passive strategy, with the fund parameters and rebalancing
policy expertly curated through data science techniques. CRYPTO20 is invested in the top
20 cryptoassets by market capitalization, with weekly rebalancing. A maximum component
weighting of 10% is utilized to prevent any single asset, and thus single source of risk,
from dominating the portfolio. The fund will utilize assets in the form of staking and other
such methods to generate additional return over and above capital appreciation.
FEES AND BENCHMARK
The fund will incur an annual management fee of 0.5% per annum, accrued monthly.
Further, there will be no performance fees attached due to the passive nature of the fund.
As a result of zero performance fee, there is no specific benchmark the fund aims to
outperform. For comparative purposes however, the fund will be benchmarked against the
performance of the top 20 cryptoassets equally weighted and Bitcoin itself.
PERFORMANCE
| 1M | 3M | 1Yr | |
|---|---|---|---|
| C20 | -20.47% | 40.72% | 641.65% |
| Top 20 | -26.22% | 45.04% | 513.74% |
| BTC | -35.35% | -17.29% | 294.59% |
PERFORMANCE GRAPH*
(1 Year)BITCOIN DOMINANCE*
(1 Year)RISK / RETURN PROFILE
In terms of the above risk/return profile, the CRYPTO20 fund has a high risk rating with
the intention of achieving superior returns relative to the asset class. Risk is defined as the
volatility of the fund returns. Increased risk is accompanied by a greater potential
drawdown of the funds assets. The risk/reward profile is specifically relative to the top 20
cryptoassets (Equally weighted) and incorporates the fund statistics listed below. The
profile is by no means comparable or related to traditional assets or funds.
FUND COMPOSITION
as at 31 May 2021FUND FACTS
| NAV price per token: | $3.7708 |
|---|---|
| Circulating supply: | 18,564,460 |
| Market Cap: | $70,002,422 |
| 30 day high: | $6.0144 |
| 30 day low: | $2.4019 |
| Coins added: | - |
| Coins removed: | - |
| Management Fee: | 0.5% |
Disclaimer
*The performance graphs utilize pricing data from CoinMarketCap for the Top 20
cryptoassets and Bitcoin benchmarks. Actual data is used for C20 performance figures.
This fact sheet does not constitute investment, financial or other advice and is supplied for
information purposes only. Past performance is not a guide to future returns. Every effort
has been made to ensure the accuracy of the information provided, but Invictus Capital
make no warranty regarding such information.