Crypto Companies Fund

Meet our newest investment fund, exclusive to ChipX members

James avatar
Written by James
Updated over a week ago

What is the Crypto Companies fund?

The Crypto Companies fund is our new investment fund managed by Invesco. It enables you to get in on the crypto-currency revolution, without directly investing in crypto currencies. It is not the same as trading cryptocurrencies and it won’t give you the wild ride of taking you to being a millionaire and back again whilst you sleep, however since the fund was created it has returned 42.7%* for its investors.

With these historic eyebrow raising returns comes risks in equal measure. We don’t expect this to be for everyone, but if you can handle risks in pursuit of the opportunity to earn eyebrow raising returns, it could be for you. Remember, your capital is at risk. The value of your investment can fall as well as rise and you may get back less than you invested. Past performance does not indicate current or future performance, and should not be the only thing you consider when selecting a fund.

What’s crypto?

Crypto is a shorthand name for crypto-currency, the most famous being bitcoin and etherium. It also refers to “cryptography” which is a major part of the tech behind cryptocurrency; “blockchain”. Blockchain, is a revolutionary new way of managing and processing data in a decentralised yet secure manner. Didn’t get that? We’ll do our best with a short word count...Basically, instead of one computer or server holding information in a table, data is stored in ‘blocks’ that are linked together across multiple computers via a cryptographic ‘chain’.

The decentralised blockchain data structure means no one individual or organisation can alter the data stored within the chain. This effectively enables anyone to participate in secure exchanges of information, without the need for institutional oversight to guarantee it. Currently, the most widespread use is crypto-currency, but it can also be used for legal contracts, or the most recent use to emerge is NFTs, or ‘Non Fungible Tokens’, where you can buy the only copy of a digital artwork. So it’s cutting edge technology and it’s set to reshape the world of finance.

What’s in the Crypto Companies fund?

The official name for this fund is the 'Invesco CoinShares Global Blockchain UCITS ETF' (you see why we’ve renamed it), it is managed by Invesco who invest in companies that are involved in the blockchain and crypto industry. For example, some companies provide the infrastructure for bitcoin mining, or others provide the tech to trade crypto-currencies, some are even involved in manufacturing the hardware involved in blockchain. The fund doesn't directly hold or invest into crypto-assets/currency

For further information about the fund, its performance and assets, please see this link.

​42.7%* accurate as of 07/01/2022. Annualised average performance over the last 5 years, net of fund manager fees. Or if less than 5 years old, average annualised performance since inception. Past performance does not indicate current or future performance, and should not be the only thing you consider when selecting a fund. The value of your investments can go down as well as up and you may get back less than your original investment.

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