2100news Blue Chip Index

The Fund is passively managed Crypto Strategy and tracks the massively popular 2100NEWS Digital Assets Blue Chip Tradable Index (NWSBCT) which is a collection of coins and tokens to represent the crypto space—not necessarily the largest by market cap. The Crypto Strategy is market-cap weighted, adjusted for trading volume, and free float. The invested amount of a particular cryptocurrency should not exceed 5% of its market capitalization. There is no maximum number of included cryptocurrencies in the NWSBCT index; they are added based on the structure of the underlying index NWS30.  Rebalancing is done biweekly. The Strategy portfolio holds all digital assets in the same capitalization weighting as the index. Individual coins and tokens are bought and sold as the Strategy attempts to meet its investment objectives. 2100NEWS’s refined indexing process, combined with low management fees and efficient trading, has provided tight tracking, net of expenses.