Rivemont Crypto Fund
Rivemont has been appointed investment advisor to the Rivemont Crypto Fund, the Rivemont MicroCap Fund and the Rivemont Absolute Return Fund. Majestic Asset Management acts as manager of the three alternative funds and is responsible for their day-to-day operations, while Rivemont is responsible for managing the investment portfolio of these funds. The three alternative funds may be used in the construction of Rivemont clients’ portfolios when, in Rivemont’s opinion, these investment strategies are suitable for them. Units of the Fund are available under exemptions from the prospectus requirements in accordance with the National Instrument 45-106 Prospectus and Registration Exemptions and are, therefore, only available to qualified investors.
The Rivemont Crypto Fund, launched on December 14th, 2017, is aimed at qualified Canadian investors. It is currently the only actively managed crypto fund in Canada.
As of June 30th, 2019, the Rivemont Crypto Fund has offered a net year-to-date return of 135%.
The Rivemont Crypto Fund offers the widest selection of cryptocurrencies within its portfolio composition. It is always looking to expand this selection following the regulator’s approval, so it can maximize its return opportunities.
Rivemont is registered as a portfolio manager with the Autorité des marchés financiers (AMF), the Ontario Securities Commission (OSC), the Alberta Securities Commission (ASC) and the British Columbia Securities Commission (BCSC).
Cryptocurrencies have enabled investors to achieve exceptional returns since their inception in 2010. The objective of the Fund is to take advantage of the development of blockchain technology by identifying the most promising cryptocurrencies. Cryptocurrencies are analyzed using a fundamental approach coupled with the application of trend following rules at the time of purchase and disposition.
The Rivemont Crypto Fund is aimed at investors with a good risk tolerance in search of a high potential return. This Fund is also ideal for any investor wishing to diversify their portfolio with an asset having a low correlation to traditional asset classes. The Fund can be included in registered (RRSP, TFSA) and locked-in accounts (LIRA).