General comments
Choppy action on BTC and the continued negative pressure on most alts during the typically slower summer months meant a generally negative or indifferent sentiment in the overall market, as reflected in the subdued activity on the GV platform. Forex programs lead the way, offering platform users options to profit from action in other asset classes while crypto slows for the time being.
Platform programs and funds overview
The fundamental alt picks fund was re-appropriated. https://genesis.vision/manager/funds/cheap-hot-alts-0197
Its allocation is split into three tiers: high market-cap projects are given a 50% total allocation, mid-caps are given 45% and a small-cap is given 5%. Current allocations are not expected to be adjusted for at least 3 months.
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% | No change - within acceptable % and/or $ thresholds |
| BlueChip80 Plus20 | https://genesis.vision/investor/programs/jlp6 | N/A | 2.00% | 3.33% | Program rebalanced on 13th July. Overweight BTC and XRP, plus BNB & HT. |
| GVBIX Top Altcoins | https://genesis.vision/investor/programs/jlp7 | ≈80% | 3.00% | 2.33% | No change - within acceptable % and/or $ thresholds |
| GVBIX USDT Global | https://genesis.vision/investor/programs/jlp8 | ≈95% | 3.00% | 2.33% | Allocations rebalanced and accuracy improved to 45d trailing |
^ 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% | ≈83% coverage |
| TopAltcoinIndex Fund | https://genesis.vision/investor/funds/indexten-030-020 | 0.30% | 0.20% | ≈80% coverage |
| Fundamental AltPicks | https://genesis.vision/investor/funds/cheap-hot-alts-01970 | 0.67% | 0.67% | See general comments above |
| 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 1 GV Assets Index Fund | #10 - #30 | https://genesis.vision/investor/funds/jlf11 | ≈88% | 0.33% | 0.33% | - |
| Tier 2 GV Assets Index Fund | #31 - #100 | https://genesis.vision/investor/funds/jlf12 | ≈10% | 0.33% | 0.33% | - |
| Tier 3 GV Assets Index Fund | #101 & below | https://genesis.vision/investor/funds/jlf13 | ≈2% | 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
New funds are planned, intended to add value to the 'hedge' series of funds.
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.