Santa Monica, California Aug 13, 2022 (Issuewire.com) - Cryptomex has just announced the launch of their Cryptomex 10 Private Index Fund.
The Cryptomex 10 Private Index Fund (CM10)’s core goal is to maintain a portfolio of the top 10 cryptocurrencies by market capitalization through a monthly rebalancing strategy. It is a naive index, meaning that, save for certain exclusion criteria including (but not limited to) exchange and custody support, lack of ties to stablecoins/fiat, and liquidity, coin eligibility, and allocations are determined solely by market cap and not by an active fund manager. The current management fee of the fund is 1.5%.
Cryptomex allows customers to interface with the fund through an investor dashboard where investors can make withdrawals and deposits, view their fund performances and holdings, create multiple investment entities, and more. They also plan to release a dollar-cost averaging feature in the near future.
As of the date of this release, the CM10 tracks Bitcoin, Ethereum, Cardano, Solana, Dogecoin, Polkadot, Polygon (MATIC), Avalanche, Uniswap, and Litecoin. Full allocation details can be found at https://www.cryptomexfund.com/funds. Note that coins may be added to or removed from the index upon each rebalancing period.
Media Contact
Cryptomex press@cryptomexfund.com (213) 222-8062 2219 Main Street Suite 379, Santa Monica, CA 90405 https://www.cryptomexfund.com
