17 June 2022

Iconic BITA20 XACrypto Asset Index Fund

ISIN ICON Share Class: MT7000026571   |   ISIN Investor Share Class: MT7000026589

Fund Launch Date: 17 January 2020

Net Assets Under Management: € 2,881,634

Fund Net LTD Performance (Class A): 200.96 %

Licensed and Approved by the Malta Financial Services Authority

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Investment Objective

The Iconic BITA20 XA Crypto Index Fund seeks to track the performance of the BITA20 XA Index, which includes the top 20 crypto assets by market capitalization. Additionally, the fund strives to optimise passive returns by depositing coins into staking and interest-bearing accounts with reputable counterparties, when available.

Investment Strategy

The fund employs a “passive management” investment strategy which tracks the performance of the BITA20 XA Index, a benchmark for the performance of the crypto asset market. The fund attempts to replicate the target index by investing all, or substantially all, of its capital in the crypto assets that comprise the index using the same weighting. Additionally, the fund strives to optimise passive returns by depositing coins into staking and interest-bearing accounts with reputable counterparties, when available.

The index does not support any form of “anonymous transaction” crypto assets or other potentially non-compliant assets. The index rebalances its holdings monthly and reconstitutes its portfolio quarterly.

About Iconic Funds

The Iconic BITA20 XA Crypto Index Fund is a self-managed fund licensed by the Malta Financial Services Authority and managed by Iconic Funds Sicav, Plc. Iconic Funds GmbH is the investment advisor to the portfolio manager of the self-managed fund. Iconic Funds GmbH is the holding company of a series of wholly owned subsidiaries that manage and issue crypto asset index investment vehicles. Iconic Funds’ portfolio of crypto asset investment products, issued by its subsidiaries, offer investors passive and diversified exposure to one of the world’s fastest-growing asset classes. Collectively, Iconic Funds GmbH and its affiliates are branded as “Iconic Funds.”

Crypto Market Risk

The crypto markets are extremely volatile and subject to additional investment risks relative to traditional investments including, but not limited to inherent technological risks in the blockchain, severe and sudden volatility and market manipulation. Because the fund seeks to track the target index, the fund’s performance may over or underperform the index or overall crypto asset market.

Top Sector Coins
Bitcoin (BTC) - 25.00%
Ethereum (ETH) - 25.00%
Binance Coin (BNB) - 13.91%
Cardano (ADA) - 5.81%
Ripple (XRP) - 5.76%
Solana (SOL) - 3.59%
Dogecoin (DOGE) - 2.80%
Polkadot (DOT) - 2.51%
Avalanche (AVAX) - 1.60%
TRON (TRX) - 2.25%
Shiba INU (SHIB) - 1.60%
Polygon (MATIC) - 1.30%
FTX Token(FTX) - 1.30%
Litecoin (LTC) - 1.14%
Stellar (XLM) - 1.01%
Uniswap(UNI) - 0.99%
Chainlink (LINK) - 0.99%
Bitcoin Cash (BCH) - 0.96%
Algorand(ALGO) - 0.80%
Cosmos (ATOM) - 0.67%
Estimated Iconic BITA 20 XA Fund Investment Performance vs. Bitcoin

Historic Iconic BITA 20 XA Fund Investment Performance vs. Bitcoin

The adjacent chart shows the estimated year-to-date net investment performance of the minimum subscription amount of €100,000 into the Fund (Share Class A), relative to an investment of the same amount into Bitcoin, since fund inception.

BITA20 XA Estimated Net Returns BITA20 XA Fund(Class A) Bitcoin S&P 500
Cumulative Returns YTD -65.36% -53.55% -16.14%
3M -54.08% -47.03% -13.01%
LTD 200.96% 150.65% 40.53%
Annualized Returns YTD -88.00% -78.42% -29.67%
3M -95.55% -92.13% -42.75%
LTD 137.44% 44.42% 6.79%

All figures presented in the above tables are calculated as of the Fund inception date.

Expense Ratio
ICON Share Class Investor Share Class
Iconic Funds Management Fee 1.00% 2.00%

Licensed by the Maltese Financial Services Authority (MFSA).

All figures presented are estimates as of the most recent month end date and not official indicators of fund performance. Official fund performance is only disclosed in the formal Net Asset Value Reporting packs provided to fund investors on a monthly basis by the fund administrator. The weight of crypto assets is provided as of the date of rebalance, which is the third Friday of every month. The fund aims to maintain a 1% EUR position when rebalanced monthly to remain liquid in fiat currency for operations. As of June17, 2022, the EUR position is 1.00% of the index. The performance data shown represents estimated past performance from January 17, 2020 to June 17, 2022, which is not a guarantee of future results. Past performance is not intended to predict or depict the future performance of the fund. Investment returns and principal value will fluctuate. Current and ongoing performance may be lower or higher than the estimated performance data cited, and actual returns may differ materially from hypothetical returns. Investment in the fund is speculative that involves a high degree of risk and uncertainty. Investment returns may be affected by changes in currency exchange rate movements. The fund maintains two share classes, the ICON and Investor share classes. The ICON share class has 50% reduced management fees. Only holders of 100,000 or more ICNQ tokens may access the ICON Share Class.

This information is not intended for investors or any person in any jurisdiction where the distribution of this information or the use thereof in any way may be contrary to the local law or regulation. The information contained herein is proprietary to Iconic Funds GmbH and its subsidiaries (the Company) and showcases an investment vehicle made available to qualified investors by Iconic Funds Sicav, Plc, a self-managed fund licensed by the Malta Financial Services Authority. Collectively, the entities are jointly branded as “Iconic Funds”. The information herein may not be given (in whole or in part) or otherwise distributed to any other third party without the written permission of the Company directors. In particular, this information does not constitute an offer of securities for sale. Any information or performance indicated on this webpage is only indicative and thus past performance is no guarantee of future results. This information was prepared by the Company and its affiliates for information and discussion purposes only and shall not be construed as and shall not form part of an offer, nor invitation to offer nor a solicitation or recommendation to enter into any transaction, nor is it an official confirmation of terms. No subscription may be accepted on the basis of this webpage. No representation, warranty or undertaking, express or implied, as to the accuracy, reliability, completeness or reasonableness of the information may be provided. Detailed information regarding this fund can be obtained by request from the Company.

Index Provider
BITA is Germany-based Fintech firm that provides enterprise-grade technology and services to institutions operating in the systematic investment space. BITA’s real-time crypto asset price feeds power the Iconic BITA20 XA crypto asset index fund, rebalancing monthly and reconstituting quarterly. Learn more at bitadata.com.

Investment Products: Not Insured • No Bank Guarantee • May Lose Value