Investment Objective

CryptoSurfers Fund, part of an Alternative Investment Fund (AIF) registered in Luxembourg, selects promising cryptocurrencies and decentralized finance (DeFi) projects with real-world financial use cases, high liquidity, a proven track record, and backed by a strong community.

The Fund will discretionarily invest in various digital assets, such as highly liquid cryptocurrencies, decentralized finance (DeFi) tokens, early-stage tokens and NFT project tokens. The fund aims to generate substantial risk-adjusted returns over Bitcoin and Ether, using a multi-strategy approach based on fundamental, technical, cyclical and on-chain analysis.

The primary objective of the Fund is to OUTPERFORM the holding of ETHER and BITCOIN over the long term by covering ALL major crypto sectors with an optimized risk/reward ratio.

The basic approach is medium/long-term oriented with a "Long-only based on fundamentals with monthly rebalancing" strategy. A minority part of the portfolio can be used for short-term trades with or without leverage with opportunistic trading strategies based on technical, cyclical, quantitative and on-chain analysis.

Key Benefits

benefit in kind

In-Kind

The investor can subscribe directly from a personal wallet, reducing conversion and transaction costs.

benefit multiple exchanges

Multiple Platforms

Using multiple trusted custodians to mitigate single-point of failure risks.

benefit allocation

Diversification

The allocation to multiple cryptocurrencies provides exposure to a broader market that has even outperformed bitcoin in recent years bringing diversification risks.

benefits cost

Digital Asset Exposure

The fund provides an accessible exposure to the digital asset industry through a Luxembourg-licensed vehicle.

Strategy Performance

Performance comparison between major cryptocurrencies (Bitcoin and Ethereum) and the Track Record of CryptoSurfers Trading Strategy.

In the previous cycle the CryptoSurfers team gained significant experience in the sector achieving results above x50 in three years (2019-2021).

Despite bitcoin having generated an average annualized return of 230% over the past decade, less mature assets such as ethereum and other cryptocurrencies have outperformed even bitcoin by at least a factor of 10x in recent years. With smart contracts enabling Decentralized Finance (DeFi) services such as peer-to-peer crypto trading (DEX), asset management, loans, and interest accounts, this sector has seen meteoric growth. As retail and institutional adoption increases, we believe this trend will continue to accelerate in the upcoming years.

Past performance of the Asset Manager is not necessarily indicative of future performance.

Key Terms

Management Fee
2.4%
Performance Fee
30% (above HWM)
Subscription Fee
up to 5%
Redemption Fee 1
up to 3%
Minimum Ticket 2
100k€
NAV Frequency 3
Monthly
Redemption notice
10 days
Initial Unit Price
100 USD

Fund Details

Type
Alternative Investment Fund
Structure
Special Limited Partnership
Domicile
Luxembourg
Registration
V00006879
Status
Open-ended
Inception
November 1st, 2023
Currency
USD
ISIN
LU2709243286

(1) To incentivize long-term holdings, the redemption fee is decreasing over time
(2) The minimum amount of subscription may be waived at the sole discretion of the Fund Manager (General Partner)
(3) Possible with higher frequency with an ad-hoc calculation, but additional fee may apply

Potential Risks

This investment in this fund involves a high degree of risk and should be regarded as a long-term investment. For all Investors, the investment will be made with the intention of seeking to diversify the risks of the typical investor's portfolio of investments. An investment in the capital of the Partnership involves certain risks, including, but without limitation, the risks below:

Fund management – Bonalp Management Sàrl

Knowledge

We deeply understand the industry from an operational, financial, technical, regulatory and legal perspective.

Experience

Our team has more than 50 years of combined experience in asset management and hedge funds.

Commitment

We put our money where our mouth is. Each shareholder of the GP has invested personal capital in the fund to ensure everyone has skin in the game.

Made in partnership with Atlantis Strategies SA.“CryptoSurfers Fund” is a brand of Atlantis Strategies SA.