Genesis Block Fund Ltd.
The primary objective of the Fund is to provide sophisticated investors with an opportunity to seek capital appreciation by offering exposure to a variety of different Cryptocurrencies and Tokens. Its goal is to outperform the Bloomberg Galaxy Crypto Index (BGCI).
It is an actively managed long-only fund that invests 80% of its assets amongst the top 10 protocols by market cap and up to 20% in smaller protocols and Initial Coin Offerings (ICOs).
Characteristics General
Target AudienceSophisticated Investors |
Investment policyOpen-end fund incorporated in Cayman |
Initial Investment$100,000 |
SubscriptionDaily - NAV calculation in T+1 business days |
RedemptionDaily - NAV calculation in T+5 business days |
Management Fee2%p.a |
Performance Fee20% over what exceeds Libor with high water mark charged semi-annually |
AdministratorMG Stover |
AuditorKPMG |
CustodyFidelity Digital Assets and Coinbase Prime |
| Performance* | Date | YTD | 12M | SINCE INCEPTION |
APR/23 | MAY/23 | JUN/23 | JUL/23 | AGO/23 | SEP/23 | OCT/23 | NOV/23 | DEC/23 | JAN/24 | FEB/24 | MAR/24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Genesis Block Fund | 29/03/2024 | 58,96% | 143.44% | 371.83% | 2,01% | -6,86% | 7,13% | 0,04% | -11,65% | 3.55% | 18.67% | 15.72% | 19,72% | -1.77% | 44.19% | 12.23% |
*Gross of Fees
Since Inception: 12/22/2017
