General comments
An indifferent month in the markets has corresponded with little activity on the platform. The immediate outlook remains negative but the fundamentals have not changed; institutional interest has not waned in the meantime. Consolidation in BTC and continued bleeding amongst most altcoins has meant that there is little retail activity occurring on the crypto side. Volumes and valuations for many altcoins still do not support their fundamental value proposition.
Platform programs and funds overview
The Major Alt Coins fund was incorporated into the 'Tiered GV Assets' fund series, as 'Tier 0'.
All program positions have been kept as-is; volumes across the market have fallen proportionately as a general rule. Still awaiting GV platform to roll out anticipated changes to expand the fund offering to include all Binance assets.
JL Programs
| Program | Link | Sector Coverage | Entry Fee^ | Success Fee | Comment |
|---|---|---|---|---|---|
| GVBIX Blue-Chip | https://genesis.vision/investor/programs/jlp5 | ≈83% | 2.00% | 1.67% | - |
| BlueChip80 Plus20 | https://genesis.vision/investor/programs/jlp6 | N/A | 2.00% | 3.33% | - |
| GVBIX Top Altcoins | https://genesis.vision/investor/programs/jlp7 | ≈80% | 3.00% | 2.33% | - |
| GVBIX USDT Global | https://genesis.vision/investor/programs/jlp8 | ≈95% | 3.00% | 2.33% | - |
^ Entry fee only payable on programs that are level 3 or higher.
JL Funds
| Main Funds | Link | Entry Fee | Exit Fee | Comment |
|---|---|---|---|---|
| Blue-Chip Index Fund | https://genesis.vision/investor/funds/jl-indexfive | 0.20% | 0.20% | - |
| Fundamental AltPicks | https://genesis.vision/investor/funds/cheap-hot-alts-01970 | 0.67% | 0.67% | - |
| Exchange Sector | https://genesis.vision/investor/funds/jlfund100 | 0.30% | 0.20% | - |
| Tiered Index Funds | Asset Ranks | Link | Relative volume | Entry Fee | Exit Fee | Comment |
|---|---|---|---|---|---|---|
| Tier 0 GV Assets Index Fund | #1 - #9 | https://genesis.vision/investor/funds/indexten-030-020 | ≈87% | 0.30% | 0.20% | - |
| Tier 1 GV Assets Index Fund | #10 - #30 | https://genesis.vision/investor/funds/jlf11 | ≈11.4% | 0.33% | 0.33% | - |
| Tier 2 GV Assets Index Fund | #31 - #100 | https://genesis.vision/investor/funds/jlf12 | ≈1.3% | 0.33% | 0.33% | - |
| Tier 3 GV Assets Index Fund | #101 & below | https://genesis.vision/investor/funds/jlf13 | ≈0.3% | 0.33% | 0.33% | - |
| Single-asset Funds | Link | Entry Fee | Exit Fee | Comment |
|---|---|---|---|---|
| BNB Hedge | https://genesis.vision/investor/funds/bnb-hedge | 0.10% | 0.10% | - |
| LTC Hedge | https://genesis.vision/investor/funds/eth-hedge | 0.10% | 0.10% | Link is correct - fund was re-purposed from 'ETH Hedge' |
| XRP Hedge | https://genesis.vision/investor/funds/xrp-hedge | 0.10% | 0.10% | - |
Other comments
The planned GVBIX BTC and ETH index programs will be introduced once market activity picks up again.
Thanks for reading.
JL
This blog is not financial advice. This is an independent blog. Please do your own research. You are responsible for your own investment decisions. The views and opinions expressed in this article are those of the author(s), and do not necessarily reflect the views and opinions of Genesis Vision or its affiliates.