HAYVN 20 Fund outperforms market since January inception

  • Date: 22-May-2023
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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HAYVN 20 Fund outperforms market since January inception

UAE: HAYVN, a regulated digital asset focused financial institution, today announced strong HAYVN 20 Cryptocurrency Index Fund returns to investors during Q1 2023, despite increasing volatility in the digital asset market.

The index fund for cryptocurrency assets offering clients a diversified, low cost, and regulated strategy to invest in, has recorded a 19% increase in returns since launching in January 2023.

According to HAYVN CEO, Christopher Flinos, “The funds early success and HAYVN predictions for a positive long-term trend due to our carefully weighted Top 20 portfolio, has seen the HAYVN 20 become one of the leading fund benchmarks in cryptocurrency markets”.

The HAYVN 20 fund has three important distinguishing features.

1. The fund limits the maximum exposure to any one digital asset at 10%. This risk management feature prevents outsized exposure to any one asset (such as Bitcoin and Ethereum) and creates a more balanced portfolio of the 20 largest cryptocurrencies.

2. The fund rebalances monthly. This allows HAYVN 20 to capture new trends in the market by increasing its investment in the emerging winners as their market capitalization grows, while reducing exposure to cryptocurrencies which are declining in value.

3.Finally, the fund has daily liquidity which gives investors the freedom to change their allocation