Not for distribution to U.S. newswire services or for dissemination in the United States.
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, OR INTO OR FROM THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES OF THE 3iQ GLOBAL CRYPTOASSET FUND IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.
The Fund's portfolio will consist of bitcoin (40%) and ether (25%) with the balance (35%) invested in the other leading digital assets, based on the weighting of such digital assets in the MVIS CryptoCompare Optimum Global Cryptoasset Index (ticker: MVGCFI) (the "Index"), a market-capitalization based index. The Fund has an exclusive licence to use the Index.
"When we first launched the 3iQ Global Cryptoasset Fund [the predecessor of the Fund], it was one of the first of its kind to offer accredited investors exposure to a diverse portfolio of multiple cryptocurrencies," said Fred Pye, Chairman and CEO of 3iQ. "And now, we are excited to be expanding our investors' positions by leveraging the MVIS multi-token index to provide Canadian investors access to key Layer 1 and Layer 2 blockchains and even more diversification within the fund."
Media Contact
Tara Christie, 3iQ Corp.
+1 (416) 639-2130
media@3iQ.ca
About 3iQ Corp
Founded in 2012, 3iQ Corp. (3iQ) is Canada's largest digital asset investment fund manager with more than C$2.5 billion in assets under management (as at February 28, 2022). 3iQ was the first Canadian investment fund manager to offer a public bitcoin investment fund, The Bitcoin Fund (TSX: QBTC) (TSX: QBTC.U), and a public ether investment fund, The Ether Fund (TSX: QETH.UN, QETH.U). More recently,...