General comments
BTC dominance had a spike upwards that was not anticipated by most market watchers, though the price action over the subsequent weeks has entered into a healthy state of consolidation. As anticipated, altcoins have responded unevenly to movements in BTC, as fundamental factors increase in prominence when it comes to price discovery. Simply put, the market does not appear as correlated as it once was throughout 2017-2018. The market remains subdued though fundamental factors and expressed public interest from governments and institutions increases daily.
Platform and JL funds overview
Many of the high risk programs that characterized the boom/bust activity in the early days of the platform have gone by the wayside. In their place, the top programs are generally strong and steady performers who have demonstrated sound risk management over multiple investment periods. This is a very positive development in the maturity of the platform despite the severe decrease in platform AUM over the past 12 months. GV 2.0 is anticipated to greatly enhance the usability and capabilities of the platform, due by the end of the calendar year.
JL funds has simplified its fee structure and naming convention across all its funds. Reserve GVT has been set aside for the construction of new funds in the future.
JL Funds
Trade-Weighted Index Funds | Asset Ranks | Link | Relative volume | Entry Fee | Exit Fee | Comment |
---|---|---|---|---|---|---|
Blue Chip Index | #1 (BTC) - #5 | https://genesis.vision/investor/funds/jl-indexfive | ≈80% of worldwide $USD-denominated volume | 0.33% | 0.33% | - |
Tier 0 GV Assets Index Fund | #1 (Altcoin) - #10 | https://genesis.vision/investor/funds/indexten-030-020 | ≈84.89% of total $USD-denominated altcoin volume | 0.33% | 0.33% | - |
Tier 1 GV Assets Index Fund | #11 - #30 | https://genesis.vision/investor/funds/jlf11 | ≈10.12% of total $USD-denominated altcoin volume | 0.33% | 0.33% | - |
Tier 2 GV Assets Index Fund | #31 - #100 | https://genesis.vision/investor/funds/jlf12 | ≈3.4% of total $USD-denominated altcoin volume | 0.33% | 0.33% | - |
Tier 3 GV Assets Index Fund | #101 - #200 | https://genesis.vision/investor/funds/jlf13 | ≈0.87% of total $USD-denominated altcoin volume | 0.33% | 0.33% | - |
Tier 4 GV Assets Index Fund | #201 - #300 | https://genesis.vision/investor/funds/jlf14 | ≈0.34% of total $USD-denominated altcoin volume | 0.33% | 0.33% | - |
Tier 5 GV Assets Index Fund | #301 - #400 | https://genesis.vision/investor/funds/jlf15 | ≈0.16% of total $USD-denominated altcoin volume | 0.33% | 0.33% | - |
Tier 6 GV Assets Index Fund | #401 and below | https://genesis.vision/investor/funds/jlf16 | ≈0.13% of total $USD-denominated altcoin volume | 0.33% | 0.33% | - |
Curated Funds | Link | Entry Fee | Exit Fee | Comment |
---|---|---|---|---|
Fundamental AltPicks | https://genesis.vision/investor/funds/cheap-hot-alts-01970 | 0.33% | 1.33% | - |
Exchange Sector | https://genesis.vision/investor/funds/jlfund10 | 0.30% | 0.67% | - |
Single-Asset Hedge 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% | - |
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.
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