Singularity Fund — Weekly report #26
Weekly report from November 21 to November 28
Net Asset Value and Performance of the fund
NAV on November 28= $23.56
Performance from November 21 to November 28= 22.66%
Performance from May 31 to November 28= 283.44%
As you can see on the chart above, we entered into a new stage of fast growth. It is the third one since the inception of the fund on May 31 : the first one in June was stopped by the uncertainty related to the Bitcoin Cash fork and the second one in August was stopped by the news related to China ban of cryptocurrency. We cannot predict what will trigger the next correction and do not know when it will happen, but what is sure is that it will happen. We are therefore adapting our management of the allocations of the fund, with more frequent rebalancing of the positions, in addition to the progressive accumulation of a cash reserve in order to be able to buy back at the next dip.
Fund Composition on November 28
BTC 22.69%
ETH 24.43%
IOT 4.11%
NEO 8.63%
XMR 2.91%
LINK 6.88%
OMG 6.94%
ZRX 9.53%
XRL 2.95%
NMR 2.11%
CVC 2.66%
ENJ 1.33%
Dmarket 0.96%
SNM 1.13%
TKN 1.03%
USD 1.71%
Singularity Fund links
Website: http://singularityfund.io/
Blog: https://medium.com/singularity-fund
Telegram: https://t.me/SingularityFund
NAV (Net Asset Value): our real-time NAV reporting tool is now updated every 10 minutes and present the performance on 24 hours / 7 days / 30 days. Check it out!
