DDA CMBI10 Short-Term Momentum Index Fund

The DDA CMBI10 Momentum Index Fund seeks to track the performance of the CMBI10 Short-Term Momentum Index, which includes the top 10 crypto assets by market capitalization and the US Dollar.

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Overview
Market Performance
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Key facts
As of Date28.02.2022
Fund Launch Date06.07.2021
ISIN Share Class AMT7000030730
ISIN Share Class BMT7000030748
Performance since fund inception (Class A):
-46.11%
Net Asset Value (USD)**1.9M
Legal FormLicensed and Approved by the Malta Financial Services Authority

Investment Objective

The DDA CMBI10 Momentum Index Fund seeks to track the performance of the CMBI10 Short-Term Momentum Index, which includes the top 10 crypto assets by market capitalization and the US Dollar (USD). Constituents for momentum indexes are selected based on eligibility criteria and their 10year expected future market capitalization, as defined in the Index methodology. The weight of each crypto asset within the index is dynamic and based on the momentum scores of the asset during the momentum observation period. CMBI Momentum Indexes are not necessarily fully invested in crypto asset markets. Indexes can allocate up to 100% of assets to cash if there is no momentum in any constituent asset. Coin Metrics 10 Short-Term Momentum Index aims to reflect the performance of the momentum factor for the Parent Index, CMBI10 Index.

Investment Strategy

The fund employs a “passive management” investment strategy which tracks the performance of the CMBI10 Momentum Index, a benchmark for the performance of a momentum strategy in the crypto asset market. The fund attempts to replicate the target index by investing its capital in the crypto assets or fiat currencies that comprise the index using the same weighting. Additionally,thefundstrivestooptimizereturnsbydepositing coins into staking and interest-bearing accounts with reputable counterparties, when available. The index does not support any form of “anonymous transaction” crypto assets or other potentially non- compliant assets. The index rebalances its holdings weekly and reconstitutes its portfolio monthly.

About DDA

The DDA CMBI10 Short-Term Momentum Index Fund is a self- managed fund licensed by the Malta Financial Services Authority and managed by DDA Sicav, Plc.

About Coin Metrics

Coin Metrics is a provider of crypto financial intelligence providing network data, market data, index, and network risk solutions. Coin Metrics Bletchley Indexes (CMBI) are a comprehensive suite of single-asset, multi-asset and unique crypto asset benchmarks used by leading crypto and traditional financial institutions. CM also provides calculation agent services for institutions seeking to administer their own custom indexes. Learn more at https://indexes.coinmetrics.io/cmbi10m

Crypto Market Risk

The crypto markets are extremely volatile and subject to additional investment risks relative to traditional investments including, but not limited to inherent technological risks in the blockchain, severe and sudden volatility and market manipulation. Because the fund seeks to track the target index, the fund’s performance may over or underperform the index or overall crypto asset market.

Composition of the product

Financial Statements and Audit for year 2021

Market Performance

DDA CMBI10 Short-Term Momentum Index Fund NAV vs. Bitcoin

The adjacent chart shows the year-to-date net investment performance of the minimum subscription amount of €100,000 into the Fund (Share Class A), relative to an investment of the same amount into Bitcoin and S&P500, since fund inception.

DDA CMBI10 Short-Term Momentum Index Fund
DDA CMBI10 Short-Term Momentum Index Fund
All figures presented in the above tables are calculated as of the Fund inception date.
Expense Ratio
Share Class AShare Class B
Management Fee1.00%1.00%
Performance Fee5.00%10.00%

Service Providers

LEGAL DISCLAIMER

All figures presented are estimates as of the most recent month end date and not official indicators of fund performance. Official fund performance is only disclosed in the formal Net Asset Value Reporting packs provided to fund investors on a monthly basis by the fund administrator. The weight of crypto assets provided is as of the date of rebalance, which is the first business day of each week. As of December 31, 2022, the USD/EUR position is 100% of the index. The performance data shown represents estimated past performance from July 7, 2021 to December 31, 2022, which is not a guarantee of future results. Past performance is not intended to predict or depict the future performance of the fund. Investment returns and principal value will fluctuate. Current and ongoing performance may be lower or higher than the estimated performance data cited, and actual returns may differ materially from hypothetical returns. Investment in the fund is speculative that involves a high degree of risk and uncertainty. Investment returns may be affected by changes in currency exchange rate movements. Index performance does not include the fees and expenses that are charged by the fund. The fund maintains two share classes, the Share Class A and Share Class B. The Share Class A has 50% reduced performance fee.

This information is not intended for investors or any person in any jurisdiction where the distribution of this information or the use thereof in any way may be contrary to the local law or regulation. The information contained herein is proprietary to DDA Europe GmbH and its subsidiaries (the Company) and showcases an investment vehicle made available to qualified investors by DDA Sicav, Plc, a self-managed fund licensed by the Malta Financial Services Authority. Collectively, the entities are jointly branded as “DDA Funds”. The information herein may not be given (in whole or in part) or otherwise distributed to any other third party without the written permission of the Company directors. In particular, this information does not constitute an offer of securities for sale. Any information or performance indicated on this webpage is only indicative and thus past performance is no guarantee of future results. This information was prepared by the Company and its affiliates for information and discussion purposes only and shall not be construed as and shall not form part of an offer, nor invitation to offer nor a solicitation or recommendation to enter into any transaction, nor is it an official confirmation of terms. No subscription may be accepted on the basis of this webpage. No representation, warranty or undertaking, express or implied, as to the accuracy, reliability, completeness or reasonableness of the information may be provided. Detailed information regarding this fund can be obtained by request from the Company.
 
Investment Products: Not Insured • No Bank Guarantee • May Lose Value
 
DDA Sicav, Plc. (company registration number SV 521) Trident Park, Notabile Gardens, No. 2 – Level 3, Mdina Road, Zone 2, Central Business District, Birkirkara, CBD 2010 Malta