Disclaimer
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Since inception refers to 1 January 2020, all monthly NAVs are struck at 17:00 New York Time on the last calendar day of the month. 2020 - 2023 monthly results have been audited. 2024 results are provisional, pending audit and subject to change.
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Class USD was formally known as Class B. Results derived from Class A NAV, Class USD has the same return rate since its launch in May 2024. Risk Free Rate used in for Sharpe Ratio is derived from 1 Year US Treasury.
As awarded by Hedgeweek Digital Assets and BarclayHedge, respectively
Risk Metrics are calculated based on monthly results. Beta to crypto market cap is used based on the total market capitalisation found on CoinMarketCap.com.
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MER (management expense ratio) was calculated July 2024. This figure includes the annual management fee.
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This document contains key information about Class A and Class USD units of tendex fund I, a registered Cayman Islands entity. For more information, please refer to the private placement memorandum. Before investing in any fund, consider how the fund would work with your other investments and your tolerance for risk. Past performance is no guarantee for future performance. All investing involves risk and costs. This document does not constitute investment advice. This document is made available for information purposes only and to a limited number of parties to aid them in deciding whether they wish to proceed with the further investigation of the product. This document (references to which and to any information contained herein shall be deemed to include any information, whether or not in writing, supplied in connection herewith or in connection with any further enquiries) is confidential and is made available strictly on the basis of a confidentiality undertaking which has already been given by the recipient. Accordingly, this document must be kept in complete confidence and, except with the written consent of tendex, must not be copied, disclosed or distributed to any other person or used for any purpose other than in connection with the recipient’s potential investing in the Fund.