UAE HAYVN records 19 percent increase in returns on its crypto index fund
UAE based HAYVN,
a regulated digital asset management financial institution, has recorded
returns of 19 percent increase on its crypto index fund since its launch in
January 2023.
The index fund
for cryptocurrency assets offers clients a diversified, low cost, and regulated
strategy to invest in.
According to
HAYVN CEO, Christopher Flinos, “The funds early success and HAYVN predictions
for a positive long-term trend due to our carefully weighted Top 20 portfolio,
has seen the HAYVN 20 become one of the leading fund benchmarks in
cryptocurrency markets”.
The HAYVN 20 fund
has three distinguishing features, first it is limits the maximum exposure to
any one digital asset at 10% creating a more balanced portfolio. Secondly the
fund rebalances monthly, allowing HAYVN 20 to capture new trends in the market by
increasing its investment in the emerging winners as their market
capitalization grows, while reducing exposure to cryptocurrencies which are
declining in value.
Finally the fund
has daily liquidity which gives investors the freedom to change their
allocation anytime.
Flinos added,
“Investing in the HAYVN Index Fund offers investors an opportunity to gain
exposure to broader cryptocurrency markets without having to worry about
managing individual coins and allocations themselves. With its initial track
record and performance so far, it provides a solid option for those who want
sustainable long-term exposure rather than concentration risk individual
coins”.
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