As we face the last quarter of 2024, interest rates are finally heading down, kicked off by a 50 basis point Fed cut, the election race is too close to call, and global geopolitical instability remains a risk factor.
| BATS Exchange | US Country |
The fund described is an actively managed exchange-traded fund (ETF) with a focus on the blockchain industry and the broader digital economy. Its investment strategy primarily involves allocating at least 80% of its net assets (plus any borrowings for investment purposes) towards securities that provide exposure to blockchain technologies and companies majorly involved in the blockchain sector. This approach is marked by the fund's "80% Policy," underscoring its commitment to heavily invest in assets linked to blockchain technology. As a non-diversified fund, it may concentrate its investments in fewer issuers than a diversified fund, aiming for potentially higher rewards but also higher risks due to the concentrated exposure.
The fund primarily invests in assets that offer direct exposure to the blockchain industry. This includes, but is not limited to, cryptocurrencies, blockchain technology patents, and equity in companies developing blockchain technologies. This product is designed for investors seeking concentrated exposure to the blockchain sector, leveraging the potential high growth of this emerging technology area.
Under the 80% Policy, the fund invests a significant portion of its assets in the securities of companies that are principally engaged in the blockchain industry or the digital economy at large. This includes startups and established companies pioneering or adopting blockchain technology for various applications, from financial services to supply chain management. The idea is to offer investors growth opportunities by identifying companies that could benefit significantly from blockchain technology advancements.