A new wrapper for the entire spectrum of blockchain assets.
CIG
Bitcoin Fund
CIG Bitcoin Fund is a passive income of Bitcoin. The Fund provides day-to-day trading of bitcoin in the Bull and Bear markets. CIG Bitcoin Fund offers investors monthly liquidity and weekly or monthly redemption. The Fund is formally structured as a simple Interest calculated on a yearly base, which is payable as dividends on weekly or monthly bases.
Investment Guidelines
The tracker managed by CIG Asset Management, provides Bitcoin exposure and income through trading, holding BTC while the volatile assets moves 24/7. Targeting 2.5-4% monthly dividend (30-48% pa), while capturing most of the price action of Bitcoin.
Investors retain Bitcoin exposure through BTC held in the Fund. At the end of each month, the Fund Manager sells one-month call options backed by the Bitcoin held in the Fund, collects a premium from option sales, and passes that premium through to investors in the form of a monthly dividend.
The Fund aims to produce 2.5-4% ( depending on the amount of the investment) of AUM in dividends per month (30-48% per annum)
SUMMARY OF TERMS
Launch: July 2022
Management Fee: 1%
Performance Fee: (Gain % – Dividends%)
Minimum Investment: $5000
Investor Type: Accredited
Subscriptions: Daily
Redemptions: Weekly or Monthly or Upon One Day’s Notice
JOIN THE FUND
To qualify for access, you will need to answer some questions and provide verifiable documentation.