The crypto cat is officially out of the bag. Thanks to Aleks Vickovich and The Australian Financial Review for the great piece on our brand new crypto funds! Three new retail funds undercut crypto ETF market – 28 July, 2022 — 5.00am. An extract is below, the full article can be found here.
Holon Global Investments has launched three new cryptocurrency funds open to retail investors and charging just a third of the management fee of their much-hyped exchange-traded equivalents.
The homegrown venture capital and funds management firm, which specialises in “Web3” technology investments, has obtained a financial services licence from the corporate regulator allowing it to run managed investment schemes for regular retail investors.
It has brought to market three separate, unlisted funds providing investors with a passive exposure to the spot prices of bitcoin, ethereum and filecoin.
. . .
“We don’t think we’re adding an enormous amount of value here, and so we shouldn’t be charging an enormous fee,” Holon head of asset management Rory Scott told The Australian Financial Review.
Disclaimer: This article has been prepared by Holon Investments Australia Limited (ABN: 45 648 884 164, AFS Licence No: 532669) (“Holon”). The information provided in this article is general in nature and does not constitute investment advice or personal financial product advice. This information has not taken into account your investment objectives, particular needs or financial situation. Before acting on any information contained in this article, each person should obtain independent taxation, financial and legal advice relating to this information and consider it carefully before making any decision on recommendations. Holon Funds: Holon Investments Australia Limited (ABN: 45 648 884 164, AFS Licence No: 532669) is the responsible entity and issuer for the Holon Photon Fund (ARSN 633 803 497), the Holon Bitcoin Fund (ARSN: 659 090 294), the Holon Ethereum Fund (ARSN: 659 090 516) and the Holon Filecoin Fund (ARSN 659 090 614) (the Funds). Holon is the investment manager of the Funds. The content of this article does not constitute an offer or solicitation to subscribe for units in the Funds or an offer to buy or sell any financial product. Accordingly, reliance should not be placed on this article as the basis for making an investment, financial or other decision. You should also consult a licensed financial adviser before making an investment decision in relation to the Funds. Any investment needs to be made in accordance with the relevant Product Disclosure Statement (PDS), Reference Guide and Target Market Determination (TMD), and investors should consider the PDS, Reference Guide and TMD before deciding whether to invest in the Funds or continue to hold units in the Funds. Applications for units in the Funds can only be made pursuant to the application form relevant to the Fund. Distributors of our products must consider our TMD. You can access the relevant PDS, Reference Guide and TMD at holon.investments. Holon Global Innovations Pty Ltd (HGI) and Holon are wholly owned subsidiary of Holon Global Investments Limited. HGI is a FIL Storage Provider and is positioned as a major player in the Filecoin (FIL) decentralised data storage arena for Asia Pacific. FIL Storage Providers are rewarded in FIL for the provision of data storage capacity. Investing involves risk including the risk of loss of principal. Past performance is not indicative of future performance. Holon, its officers, employees and agents believe that the information in this material and the sources on which the information is based (which may be sourced from third parties) are correct as at the date of article. While every care has been taken in the preparation of this material, no warranty of accuracy or reliability is given and no responsibility for this information is accepted by Holon, its officers, employees or agents. Except where contrary to law, Holon excludes all liability for this information.