Introducing Malaysia’s First Digital Asset Fund
Ready to explore digital asset investment opportunities in Malaysia? Cross Light Capital and Affin Bank have teamed up to launch the Performa Digital Asset Fund, the first of its kind in the country. 🚀
What is the Performa Digital Asset Fund?
- Geared towards premier banking clientele
- Offers exposure to digital assets through ETFs and ETPs
- Accessible through Affin Bank’s exclusive Affin Invikta suite
- Invests in Bitcoin, Ether, and blockchain-related entities
Cross Light Capital’s Investment Strategy
Looking to invest in ETPs and blockchain companies? Cross Light Capital adopts an equitable distribution strategy for the Performa Digital Asset Fund. 📈
- One-third for bitcoin ETPs
- One-third for ether ETPs
- Remaining portion for equities tied to blockchain endeavors
The Fund’s Key Features
Considering investing in the Performa Digital Asset Fund? Here are some essential features to note before diving in. 💡
- Caters to sophisticated investors with a risk appetite
- Potential drawdown of 30% to 60% in any one-year period
- Long-term investment horizon of five to ten years
How to Participate in the Fund
Interested in joining the digital asset fund? Here’s a guide on how you can become a part of this innovative investment opportunity. 💰
- Minimum initial investment of US$1,000
- Upfront sales charge of up to 5%
- Annual management fee of 2%
- No withdrawal charges
Partners and Trustee
Wondering who’s behind the scenes of the Performa Digital Asset Fund? Here’s a look at the key partners and trustee handling the fund’s operations. 🔍
- Trustee: MTrustee Bhd
- External Auditor: Crowe Malaysia PLT
- Prime Broker and Custodian: Interactive Brokers LLP
Crypto Investment Fraud Uncovered in Malaysia
Concerned about scams in the crypto space? Malaysian authorities recently cracked down on a forex investment fraud and cryptocurrency syndicate operating in the country. ⚠️
- Raids across the Klang Valley led to the arrest of ten individuals
- Substantial assets were seized as part of the operation
- April marked a significant decrease in losses from crypto-related hacks and scams
Hot Take: Navigating Malaysia’s Crypto Investment Landscape
Ready to explore digital assets and investments in Malaysia? Stay informed about the latest developments and opportunities in the crypto space to make informed decisions about your financial future. 🌟