Sign In  |  Register  |  About Santa Clara  |  Contact Us

Santa Clara, CA
September 01, 2020 1:39pm
7-Day Forecast | Traffic
  • Search Hotels in Santa Clara

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

New ETF Combines Digital and Physical Currency, Provides 100% Exposure to Bitcoin & 100% Exposure to Gold

Through the combination of a digital currency (bitcoin) and a physical currency (gold) in a single vehicle – the STKD Bitcoin & Gold ETF (BTGD), launching today – investors now have the opportunity to invest in two scarcity assets that may protect against future inflation and currency debasement.

BTGD is unique in that for every $1 invested the Fund seeks to provide 100% of exposure to its bitcoin strategy and 100% of exposure to its gold strategy. The bitcoin strategy seeks to capture the price return of bitcoin, investing in bitcoin futures and ETPs, while the gold strategy similarly seeks to capture the price return of gold via investments in gold futures and gold ETPs.

STKD, short for Stacked, is a licensed brand in partnership with returnstackedetfs.com (co-owned by Newfound Research & Resolve Asset Management SEZC), specializing in offering access to two assets simultaneously, stacked on top of each other with a common investable theme that displays positive diversification benefits. STKD is a new twist on portable alpha, which refers to the approach of stacking two investments on top of each other, allowing for the potential of excess returns and helping investors better unlock sources of diversification for their portfolio.

Since bitcoin emerged more than a decade ago as “a digital currency,” “a speculative asset,” “a store of value” and every other label that has since been appended to what is undeniably one of the most consequential financial developments of the 21st century, one of the more heavily debated narratives has been that of “bitcoin vs. gold” when it comes to building a broader multi-asset portfolio, but a discussion built on “versus” misses the larger role that both assets can play for those investors looking for a mix of capital appreciation and portfolio hedging.

The brainchild of Quantify Funds, an asset management firm focused on bringing institutional-quality investment strategies to the broader marketplace, BTGD is actively managed and is the first ETF to bring bitcoin and gold together in a “stacked” approach, achieving more than $1 of exposure for every $1 invested.

“We’re very pleased to be partnering with returnstackedetfs.com (co-owned by Newfound Research & Resolve Asset Management SEZC), Corey Hoffstein, Mike Philbrick, Rodrigo Gordillo and Adam Butler and their teams to bring this strategy to market in an ETF wrapper for the very first time,” said David Dziekanski, CEO & CIO with Quantify Funds, and one of the ETF’s Portfolio Managers. “We’re thrilled to be bringing this new fund to market and are very excited to connect with advisors, institutions and others to educate them about the role stacked exposure to bitcoin and gold can play in a well-constructed, capital-efficient portfolio.”

More information on BTGD, including a fact sheet and additional information, can be found at: https://quantifyfunds.com/

The Fund does not invest directly in bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of bitcoin. Investors seeking direct exposure to the price of bitcoin should consider an investment other than the Fund.

The Fund does not invest directly in gold or gold bullion. Investors seeking direct exposure to the price of gold should consider an investment other than the Fund.

About Quantify Funds

Quantify Funds is an asset management firm focused on providing institutional-quality investment strategies to a broad range of investors. The firm focuses on actively managed strategies that can appeal to investors seeking portfolio diversification. For more information, visit https://quantifyfunds.com/.

Important Disclosures

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus. Please read the prospectus or summary prospectus carefully before you invest.

Bitcoin Investment Risks.

The Fund’s indirect investment in bitcoin, through futures contracts and Underlying Funds, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

Not being a legal tender and operating outside central authority systems like banks, bitcoin faces potential government restrictions. The value of bitcoin has historically been subject to significant speculation, making trading and investing in bitcoin reliant on market sentiment rather than traditional fundamental analysis.

Digital Assets Risk: Digital assets like bitcoin, designed as mediums of exchange, are still an emerging asset class and are not presently widely used as such. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.

Blockchain Technology Risk: Blockchain technology, which underpins bitcoin and other digital assets, is relatively new, and many of its applications are untested. The adoption of blockchain and the development of competing platforms or technologies could affect its usage.

Gold Investment Risks. The Fund will not invest directly in gold but will gain exposure through gold futures contracts and Underlying Funds. These investments are subject to significant risk due to the inherent volatility and unpredictability of the commodities markets. The value of these investments is typically derived from the price movements of physical gold or related economic variables.

Derivatives Risks. The Fund’s derivative investments carry risks such as an imperfect match between the derivative’s performance and its underlying assets or index, and the potential for loss of principal, which can exceed the initial investment.

Underlying Fund Risk. The Fund’s investment strategy, involving indirect exposure to bitcoin and gold through one or more Underlying Funds, is subject to the risks associated with bitcoin as well as gold. Shareholders in the Fund bear both their proportionate share of expenses in the Fund and, indirectly, the expenses of the Underlying Funds.

Potentially No 1940 Act Protections. It is expected that one or more Underlying Funds will not be registered as an investment company subject to the 1940 Act. In addition, Underlying Funds that invest directly in bitcoin or gold are not subject to the 1940 Act. Accordingly, investors in such an Underlying Fund would not have the protections expressly provided by that statute.

Cayman Subsidiary Risk. By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The futures contracts and other investments held by the Subsidiary are subject to the same economic risks that apply to similar investments if held directly by the Fund.

General Market Risk. Economies and financial markets throughout the world are becoming increasingly interconnected, which increases the likelihood that events or conditions in one country or region will adversely impact markets or issuers in other countries or regions.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

Distributed by Foreside Fund Services, LLC.

Contacts:

Media:
Chris Sullivan
Craft & Capital
chris@craftandcapital.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 SantaClara.com & California Media Partners, LLC. All rights reserved.