About the Icoinic funds
A digital asset is a term that describes any asset in a digital form. In the context of Icoinic, we refer to the emerging digital cryptocurrencies. Because the term ‘cryptocurrency’ doesn’t represent the scope and course of the market, we chose to use ‘digital asset’ in most of our communication.
Every Wednesday at 12:00 CET we calculate the NAV off the Icoinic fund(s). Prices used in the valuation are market prices on the exchanges where the assets are located. All digital asset prices, such as ETH or BTC, will be converted to EUR. Between NAV moments Icoinic publishes estimates of the fund NAV on their website (hourly) and in the private login (daily). These estimated NAVs are purely for tracking fund performance and do not consitute a formal NAV. The formal NAV at which clients can enter or leave the fund is published at Thursday 17:00.
As a participant
Algorithmic Fund costs
This fee goes towards covering the costs of managing the Icoinic funds. Booked weekly, deducted weekly.
To discourage short term investments in the fund, we apply an exit fee, calculated over the total sum of the buy-out.
DeFi Fund costs
To discourage short term investments in the fund, we apply an exit fee, calculated over the total sum of the buy-out.
Transaction costs of banks, markets and blockchains will be deducted when and as they occur. Transaction fees for buying, exchanging or selling digital crypto currency are included in the purchase, exchange or sales price. Prices vary per market and blockchain.
Delta Neutral Fund costs
This fee goes towards covering the costs of managing the Icoinic funds. Booked weekly, deducted weekly.
Performance fee of 30% over funds performances. Each week, after the NAV calculation, the fund manager calculates the performance fee. Whenever the fund capital exceeds the High-Water Mark (HWM), the manager has the right to a 30% performance fee.
To discourage short term investments in the fund, we apply an exit fee, calculated over the total sum of the buy-out.
Transaction costs of banks, markets and blockchains will be deducted when and as they occur. Transaction fees for buying, exchanging or selling digital crypto currency are included in the purchase, exchange or sales price. Prices vary per market and blockchain.
Risk scenarios
Investment results are lower due to the crypto market surges in high volatility, which can lead to a positive or negative result. Investments could lose significant or all value over a short amount of time, resulting in not having a large or any payout. The fund manager could risk not having enough revenue to cover the costs of managing the investment portfolio.
(Cyber) criminals could gain access to the digital asset storage, either at the institute or through one of the counterparties of the institute. This could mean a reduction in your payout to cover the loss of fund capital, meaning you could not be paid back the full share you’ve invested in the fund. The fund manager could risk not having enough revenue to cover the costs of managing the investment portfolio.
One or more of the crypto markets the fund uses could have liquidity issues, resulting in (part of) the shares of the funds not having the needed liquidity. This loss could be deducted from the fund capital. In this case, you could not be paid back the full or any of the amount you’ve invested in the fund. The fund manager could risk not having enough revenue to cover the costs of managing the investment portfolio.
Blockchain technology issues that exert a downward pressure on the value of the digital assets. Your investments could then lose significant or all value over a short amount of time. In this case, you could not be paid back the full or any of the amount you’ve invested in the fund. The fund manager could risk not having enough revenue to cover the costs of managing the investment portfolio.
Investors should be aware of the fact they can get a payout that is lower than their invested share, or no payout whatsoever. The maximum amount at stake is the total amount invested in (participation of) the fund.

Icoinic
Future of investing
Crypto Assets
Funds
