Yield Core AMC

Yield Core AMC

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Yield generation

Diversified investment into evolving, attractive yield-generating strategies in crypto markets.

Low duration

Underlying investments very low duration, akin to traditional money market investment products.

Low correlation

The investment outcome targets a low correlation to crypto and traditional assets.

Key facts

Strategy manager Sygnum Bank AG
Strategy Fundamental top-down yield
Rebalancing Discretionary
Legal structure Actively Managed Certificate (AMC)
Issuer DLT1 PCC Limited
Domicile Guernsey
Custodian Sygnum Bank AG, Zurich
Paying agent Incore, Zurich
Inception 1 May 2022
Net asset value (end of month) USD 1,000
Base currency USD
Management fee 1%
Performance fee 10%

Trading Information

Minimum ticket size – initial 10 certificates
Liquidity – subscription notice (Monthly, month end) 5 days
Liquidity – redemption notice ((Monthly, month end) 35 days
Distribution fee Up to 3%
Trading currency USD
ISIN CH1150938012

Portfolio metrics

Since 01/01/2022 43.3%
Since 01/01/2020 annualised 10.8%
1-year return 6.3%
Best month 2.4%
Worst month -0.5%
No. negative months 1
No. positive months 41
Volatility 2.3%
Sharpe ratio 4.7
Prior to launch of AMC, track record based on actual net performance of the underlying funds, weighted as in the starting portfolio

Portfolio breakdown

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      Disclaimer: This information was prepared by Sygnum Bank AG. This information may contain forward looking statements and may be subject to change. The opinions expressed herein are those of Sygnum Bank AG, its affilitates, and partners at the time of writing. This is for informational purposes only and contains general material. It does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum Bank AG to purchase or sell assets or securities. It is not intended to be used as a general guide to investing, and it should be used for informational purposes only. When making an investment decision, you should either conduct your own research and analysis or seek advice from an expert to make a calculated decision. The information and analysis contained here have been compiled from sources believed to be reliable. However, Sygnum Bank AG makes no representation as to its reliability or completeness and disclaims all liability for losses arising from the use of this information.

      Objective

      The investment objective of the AMC is to achieve positive returns from yield generating strategies in the crypto market without any directional market exposure to achieve a very favourable risk/return profile. 

      Investment approach

      Sygnum provides access to best-in-class managers investing in yield generating strategies which include among others, lending, funding arbitrage and liquidity provision within the crypto market. 

      To provide access to best-in-class yield generating strategies and to maintain flexibility in a dynamic market environment, the product may invest in both industry leading investment managers and the highest quality in-house investment solutions. 

      The product combines Sygnum’s expertise in assessing yield strategies in the crypto market with its years-long track record of identifying and evaluating leading crypto fund manager. 

      Sygnum continuously monitors the underlying managers, assesses new managers for potential inclusion, and actively manages the asset allocation across yield generating strategies. 

      Risk/return profile

      Non-directional, low volatility investment strategy, aiming to maximise returns from the various sources of yield available in the crypto market while controlling technology and platform risk.

      What can investors expect

      How to invest 

      Sygnum clients can invest via their Sygnum relationship manager. Institutional and private qualified investors can contact the Sygnum Asset Management team directly or invest over any bank by reaching out to the paying agent (Incore, Switzerland).

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