Cloudbreak Funds

Cloudbreak Bitcoin Investment Trust (CBIT)

CBIT is a single asset, long only, passive Bitcoin tracker with Institutional grade cold storage (custody).  Our custodian holds an insurance policy with Lloyds of London that covers Bitcoin holdings.  The Fund aims to simplify the process of acquiring and safely storing Bitcoin in a cost effective manner, via a familiar investment vehicle.  The Fund suits sophisticated investors that are looking to allocate a portion of their portfolio to the digital asset market via the largest market capitalisation digital asset but either do not want the hassle of handling and storing their investment or are not familiar with the protocols of safe acquisition and storage. There are zero performance fees associated with CBIT.

This Fund will go live during October 2019 and is currently accepting sophisticated investors only.

APIR Code: BQC3979AU

 

Cloudbreak Digital Opportunities Fund (CDOF)

Portfolio Structure 

CDOF is a structured mix of assets that aims to provide investors with a strong balance of stability and growth. The majority of digital assets are in the top ten by market capitalisation with some higher value small cap inclusions to accelerate growth. The Fund also actively trades and utilizes derivatives in order to take advantage of shorter-term volatility and is mandated to invest in public companies that have as a significant portion of their revenue model, distributed ledger or blockchain based products. All of our Funds are strictly for sophisticated investors only.

APIR Code: BQC8924AU 

While investing in digital currency is considered higher risk than most traditional asset classes; this risk is what presents the greatest potential for return. In light of this fact, at a later date we intend on releasing further products differentiated by their associated level of risk and will keep clients advised accordingly.

Performance

Longevity and experience are everything in this market and we have now established one of the longest track records of funds management in this space in Australia. We have a history of out-performance from inception through to the end of Q1 2019. Our second quarter 2019 was admittedly not a good one as we were slow to adjust our strategy once the market bottomed and turned. We are confident that we will return to our market-leading position of out-performance during late 2019 and early 2020.

Lifetime Performance by Quarter

The Fund commenced trading on 1st November 2017.  Results to date can be found in the following table:

DateCloudbreak FundC20 Crypto IndexBitcoin
Dec 201750.35%202.79%109.19%
Mar 201821.01%14.90%3.05%
Jun 201833.58%
-1.49%-5.37%
Sep 201834.25%-17.90%-3.01%
Dec 2018-25.02%-57.43%-44.70%
Mar 2019-37.73%-50.38%-39.32%
Jun 2019-20.60%-4.18%59.84%

**All figures are net of fees