Vest Bitcoin Strategy Managed Volatility Fund (BTCYX)

Overview

The adviser operates with a keen focus on achieving total return, prioritizing the construction of a dynamic portfolio specifically designed to navigate the inherent volatility of the cryptocurrency market. Central to its strategy is the management of volatility and the mitigation of the adverse impacts significant market downturns can have, particularly during periods of intense fluctuations in Bitcoin's value. This approach signifies a targeted investment philosophy that aims to preserve and grow capital by finely balancing risk with potential rewards. The fund's dedication to this objective is evident in its commitment to investing substantially all of its assets in a meticulously selected mix of Bitcoin Futures and cash investments. These investments are orchestrated to collectively pursue total return while simultaneously striving to manage volatility and limit losses in the event of severe and sustained market declines. Notably, the fund's operational model is non-diversified, reflecting an investment stance that can potentially offer concentrated exposure to the factors it deems most crucial for its objectives.

Products and Services

• Bitcoin Futures Investments

These constitute the primary vehicle through which the fund seeks to achieve its objective of total return. By investing in Bitcoin Futures, the fund aims to gain exposure to the future price movements of Bitcoin, without directly holding the cryptocurrency. This method allows for potential benefits from both upwards and downwards price movements in a way that's designed to manage overall portfolio volatility and mitigate losses during significant market downturns.

• Cash Investments

In addition to Bitcoin Futures, the fund substantially allocates assets into cash investments. These are selected with the aim of complementing the Bitcoin Futures by providing liquidity and a conservative investment component that helps in managing the fund's volatility. The cash investments are strategically used to ensure that the fund can respond flexibly to market conditions, aiding in the preservation of capital during periods of market turbulence and contributing to the fund's overall aim of limiting losses during severe market downturns.