Crypto Alpha Strategy
The Crypto Alpha Strategy AMC follows an actively managed and diversified crypto strategy. The strategy actively selects and trades liquid crypto coins, currencies, and derivatives in the crypto market based on state-of-the-art Artificial Intelligence (AI) technology with trades being executed fully automatically. AI technology-based trading allows to act, react, and adapt to changing market conditions in an efficient, prompt, and professional manner. The Crypto Alpha Strategy follows an uncorrelated approach to Bitcoin, other cryptocurrencies, and/or broad market indices. Its non-directional investment strategy is especially suitable for the highly volatile crypto markets, offering diversification from directional strategies, volatility dampening, and the ability to cushion against specific market risk while capturing further growth and capitalizing on potential market opportunities.
The Crypto Alpha Strategy aims to deliver high and consistent risk-adjusted returns. Strict portfolio and operational risk management rules are applied to address general and specific crypto asset risks. Key service providers are regulated as follows: Baader Bank is fully regulated by BaFin, and Belvoir Capital AG is a FINMA-licensed manager for collective investment schemes.
|Structure||Exchange Traded Instrument (AMC)|
|Investment Manager||Belvoir Capital AG|
|Underlying Issuer||iMaps ETI AG|
|Administrator||iMaps Capital Markets|
|Technology Provider||SpeedLab AG|
|Stock Exchange||Stuttgart Exchange (EUWAX)|
|Management Fee||0% p.a.|
|Performance Fee||20% (HWM)|
|Minimum Initial Investment||1 Unit (EUR 1’000)|
|Inception Date||March 2021|
Belvoir Global Allocation Fund
The Belvoir Global Allocation Fund is a balanced, benchmark independent diversified fund with a global investment focus. As a rule, at least half of the fund consists of equities and bonds. On the equity side, the focus is on companies that pay a high sustainable dividend from their free cash flow. The bond component is intended to generate regular interest income.
The overall objective is a sustained positive performance with low volatility. This flexible investment approach enables rapid adjustment to changing market conditions. Currency risks are hedged where; at least 50% of the fund assets are invested in the fund’s reference currency.
|Share class EUR||Share class CHF|
|ISIN / WKN||LI0037789380 / A0Q9ZT||LI0272042065 / A14QFN|
|Bloomberg||BELVOIR LE||BELVCHF LE|
|Fund category||mixed fund, global||mixed fund, global|
|End of year||31. December||31. December|
|Use of proceeds||accumulating||accumulating|
|Management company||IFM Independant Fund Management AG||IFM Independant Fund Management AG|
|Depositary||LGT Bank AG||LGT Bank AG|
|Distribution||CH, DE, AT, LI||CH, DE, AT, LI|
|Administration fee p.a.||0.2% (min. CHF 45`000)||0.2% (min. CHF 45`000)|
|Max. management fee p.a.||max.1.5%||max.1.5%|
|Custody fee p.a.||0.11% (min. CHF 20`000)||0.11% (min. CHF 20`000)|
|Level performance fee||10%||10%|
|Hurdle rate||EURIBOR 3 Months EUR||Libor 3M CHF|
|TER without performance fee||1.96%||1.98%|
|TER incl. performance fee||2.2%||2.49%|
Belvoir Global Allocation II Universal Fund
The fund invests primarily in equities, equity funds and equity-like investments. Depending on the market situation, the majority of the Fund may also be invested in bonds, liquidity and other asset classes. The investments are not linked to any reference index. Investments can be selected from all over the world, all freely convertible currencies and all economic sectors.
For efficient management, the Fund may use derivative financial instruments for hedging and investment purposes on securities, equity and bond indices, currencies and exchange-traded funds as well as forward exchange contracts and swaps.
|ISIN / WKN||DE000A0RA4N9 / A0RA4N|
|Fund category||mixed funds, balanced, international|
|End of year||31. October|
|Use of proceeds||accumulating|
|Management company||Universal Investment GmbH|
|Depisotary||Joh. Berenberg, Gossler & Co. KG|
|Distribution||CH, DE, AT, UK|
|Administration fee p.a.||0.4%|
|Management fee p.a.||1.5%|
|Depositary fee p.a.||0.15%|
|Level performance fee||10%|
|TER without performance fee||1.88%|
Protea Fund - Pecunia FX Fund
The strategy applies a systematic, automated trading approach in the eight major currencies and their crosses (EUR, GBP, USD, CAD, CHF, JPY, AUD, NZD).
The method has no initial bias to market direction and uses a comprehensive structure of proprietary algorithms. It combines market intelligence, quantitative models, technical analysis indicators as well as rigorous risk management.
|Share class Institutional (I)||Share class All (A)|
|ISIN CHF (hedged)||LU2033379228||LU2033378923|
|ISIN USD (hedged)||LU2033379145||LU2033378766|
|Custodian||Pictet & Cie (Europe) S.A.||Pictet & Cie (Europe) S.A.|
|Administrator||FundPartner Solutions (Europe) S.A.||FundPartner Solutions (Europe) S.A.|
|Auditor||Deloitte Audit, S.a.r.l||Deloitte Audit, S.a.r.l|
|Legal Advisor||Allen & Overy, S.a.r.l||Allen & Overy, S.a.r.l|
|Use of proceeds||accumulating||accumulating|
|Management company||Belvoir Capital AG||Belvoir Capital AG|
|Currency||EUR, CHF (Hedged), USD (Hedged)||EUR, CHF (Hedged), USD (Hedged)|
|Minimum investment||100’000||1 share (100 initial value)|
|Management fee p.a.||1%||1.5%|
|Subscription / Redemption Fee||None||None|
|Country Registration & Tax Compliant||DE, AT, UK, LU, CH||DE, AT, UK, LU, CH|