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PHOENIX, Nov. 16, 2021 / PRNewswire / – IDX Advisors, a quantitative asset manager in crypto and digital assets, announces the launch of the IDX risk-managed Bitcoin strategy fund. The Strategy is the first U.S. mutual fund designed to provide managed risk exposure to Bitcoin futures, seeking to reduce downside exposure for shareholders.
“The enthusiasm for the rapid development of blockchain technologies, coupled with the implementation of accommodative monetary stimulus policies, increased geopolitical tensions, and the materialization of concerns about growing inflation, is pushing all investors to seek exposure to asset classes such as digital assets. Specifically, investors and advisers express a strong appetite for exposure to digital assets, but want a risk management approach that focuses on mitigating the inherent volatility and declines common to the emerging asset class. ; that’s what IDX seeks to provide, ”said Andrew Swan, co-founder and CEO of IDX.
The Strategy, which will have an institutional share class, will have a management fee of 1.99%. The fund will initially be available on certain platforms including Fidelity, Interactive Brokers, Pershing, AXOS, Matrix and SEI under the ticker BTIDX for the institutional share class.
About IDX AdvisorsIDX Advisors is an SEC registered investment advisor and quantitative asset manager specializing in resolving common difficulties associated with owning digital assets as a trustee. IDX has offices in Phoenix, AZ and Tampa, FL, and advises on assets of $ 550 million.
Contact: Drew Acocella (800) 403-4349[email protected]
You should carefully consider the investment objectives, risks, fees and expenses before investing. Please call 833-549-2885 or log on to www.mutualfunds.idx-us.com for product and fund prospectuses that contain this and other information. Please read the prospectuses carefully before investing.
This document is not intended to be an investment recommendation or advice, does not constitute a solicitation to buy or sell securities and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of a particular investor nor does it suggest a specific course of action. Investment decisions should be made based on the objectives and circumstances of the investor and in consultation with his advisers.
SOURCE IDX Consultants, LLC
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