The Virtual Currency Syndicate Fund pools membership resources in Ven to purchase and hold Iconomi with a corresponding optional tranfer to your personalized Iconomi Wallet at purchase completion. Purchase of this module also grants the acquirer an option for group membership status to a Syndicate managed by Hub Culture to invest further in the fund with a 12 month minimum hold and accruing returns related to performance of both currencies.
The Syndicate takes the hassle and risk out of buying Iconomi for average users, with secure storage of held Iconomi assets and stable holdings related to Ven itself.
• Regular option for full withdrawal to an individual Iconomi account at 6% fee.
• Historic data indicates large variability in Iconomi pricing with opportunity for diverse returns.
• Low correlation to Equity/Bond markets.
• Suitable for Investors seeking “Speculative Investing”
• For Sophisticated/professional Investors seeking higher than average returns.
• Due to regular volatility, purchase price Iconomi in the fund to be confirmed at time of fund entry.^
^subject to final exchange rate confirmation
For questions or a direct consulation, please get in touch. Learn more about Iconomi.
External and internal controls are in place to provide investor confidence about the suitability of the underlying asset classes Dash and Ven, in which this fund is soley invested.
External Controls at Fund level.
• Custodian Bank responsible for the safekeeping of Cash and Fund Assets including subscription and redemption monies (HSBC).
• Annual Internal Audit to measure investment controls.
• Limited exposure to single virtual currency sources.
THIS MODULE IS OFFERING INFORMATION ABOUT THE VEN ICONOMI AVERAGING FUND FOR INFORMATION PURPOSES ONLY. PURCHASE OF THE MODULE GRANTS MEMBERSHIP ACCESS TO THE VEN ICONOMI FUND HUB, BY WHICH ANY FUTURE DIVIDENDS INTEREST OR PRINCIPAL REPAYMENT ARE DISTRIBUTED IN VEN. THIS MODULE IS NOT AN ADVERTISEMENT AND THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE INVESTMENT ADVICE, AN OFFER TO SELL, OR THE SOLICITATION OF ANY OFFER, TO BUY ANY SECURITIES AND OR DERIVATIVES AND MAY NOT BE REPRODUCED, DISTRIBUTED OR PUBLISHED BY ANY RECIPIENT FOR ANY PURPOSE. IT IS NOT DIRECTED AT OR INTENDED FOR DISTRIBUTION TO OR USE BY ANY PERSON OR ENTITY IN ANY JURISDICTION WHERE SUCH DISTRIBUTION, PUBLICATION OR USE WOULD BE CONTRARY TO APPLICABLE LAW OR REGULATION. THE INFORMATION PROVIDED SHOULD BE READ IN CONJUNCTION WITH THE FUND PROSPECTUS WHICH CAN BE OBTAINED FROM HUB CULTURE. YOU ARE STRONGLY RECOMMENDED TO CONSULT WITH YOUR PROFESSIONAL ADVISER REGARDING THE SUITABILITY OF ANY STAKE PURCHASES DESCRIBED HEREIN. THE VALUE OF YOUR INVESTMENT MAY FALL AS WELL AS RISE AND IS NOT GUARANTEED, ESPECIALLY GIVEN THE VOLATILE NATURE OF VIRTUAL CURRENCIES AT LARGE. PAST PERFORMANCE IS NOT AN INDICATOR OF FUTURE PERFORMANCE. CHANGES IN EXCHANGE RATES MAY CAUSE THE VALUE OF INVESTMENTS TO GO DOWN OR UP.