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  5. Monochrome Bitcoin Fund - Managed fund profile

Monochrome Bitcoin Fund - Managed Fund

Fund Objective
To offer an investment vehicle that enables Wholesale Investors to indirectly gain Bitcoin exposure through a familiar unit trust structure
Fund Strategy
The Investment Strategy to be implemented with respect to Bitcoin Fund Units is to obtain and hold Bitcoin in a secure and regulated custodial platform, with exposure to the underlying asset issued on a unit basis. The Fund will not engage in Derivatives, leverage, or short selling, and has adopted a strictly passive 'buy and hold' strategy.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 5.83% 37.89% 16.54% -38.9% -% -% -% -%
Growth return 5.83% 37.89% 16.54% -38.9% -% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.32% 0.99% 2.04% 4.28% 4.29% 3.85% 2.34% 2.02%
As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
24.42%
Australian Equities
4.35%
International Equities
7.47%
Cash
44.28%
Property
1.92%
Fixed Interest
17.56%

General Information

Fund Details
Type Description
Monochrome Bitcoin Fund (Wholesale)
NCC7833AU
Miscellaneous
Not Rated
Investment Fund
1 Jun 2021
n/a
$0.71506 (as at 28 Feb 2023)
$0.71164 (as at 28 Feb 2023)
Open
Offer information
Type Description
Minimum initial investment $25,000
Minimum additional investments $5,000.00

FAQs about the Monochrome Bitcoin Fund

The objective of the Monochrome Bitcoin Fund managed fund is To offer an investment vehicle that enables Wholesale Investors to indirectly gain Bitcoin exposure through a familiar unit trust structure

The strategy of the Monochrome Bitcoin Fund managed fund is The Investment Strategy to be implemented with respect to Bitcoin Fund Units is to obtain and hold Bitcoin in a secure and regulated custodial platform, with exposure to the underlying asset issued on a unit basis. The Fund will not engage in Derivatives, leverage, or short selling, and has adopted a strictly passive 'buy and hold' strategy.

The APIR code of the Monochrome Bitcoin Fund managed fund is NCC7833AU.

Monochrome Bitcoin Fund’s total return last month was 5.83%. This was made up of a growth return of 5.83% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Monochrome Bitcoin Fund’s total return for the last three months was 37.89%. This was made up of a growth return of 37.89% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

Monochrome Bitcoin Fund’s one-year total return is -38.9%. This was made up of a growth return of -38.9% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Monochrome Bitcoin Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 28 Feb 2023.

The asset allocation of the Monochrome Bitcoin Fund managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

The Monochrome Bitcoin Fund managed fund belongs to the Miscellaneous sector/asset class.

As at , the size of the Monochrome Bitcoin Fund managed fund was $ million.

The Monochrome Bitcoin Fund managed fund has an inception date of 1 Jun 2021.

The current entry price of the Monochrome Bitcoin Fund managed fund is $0.71506 per unit and the current exit price is $0.71164 per unit (as at 28 Feb 2023).

The current exit price of the Monochrome Bitcoin Fund managed fund is $0.71164 per unit and the current entry price is $0.71506 per unit (as at 28 Feb 2023).

The minimum initial investment amount for the Monochrome Bitcoin Fund managed fund is $25,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.