This item is in stock and available in the Online store.What does this mean?
The Virtual Currency Syndicate Fund pools membership resources in Ven to purchase and hold Steem with a corresponding optional tranfer to your personalized Steem 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 Steem assets and stable holdings related to Ven itself.
• Regular option for full withdrawal to an individual Steem 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 Steem.
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.