SYMMETRYFUND,Cryptocurrencies like Bitcoin, Ethereum, Ripple, Dash and Litecoin are disrupting how currencies are distributed and held every day. With cryptocurrencies still in the early stages of adoption, it can be difficult for people to understand how to obtain, hold, and trade these currencies on their own. Growing interest from investors about cryptocurrencies is making the possibility of investing in a fund that trades cryptocurrencies extremely appealing. With the ability to invest at a variety of levels, securely store funds, and have input into how a cryptocurrency investment fund is managed, Symmetry Fund (SYMM) is offering investors the opportunity to gain exposure to the cryptocurrency market without the complexities of personally trading it themselves. As in investor in SYMM, you will enter a managed fund that allows you to take part in the moves of the cryptocurrency exchange without the effort and significant capital investment that would otherwise be required when trading individually.
With the ability to invest at multiple levels, securely store funds and incorporate them into the form of managed cryptomoney mutual funds, the Symmetry Fund (SYMM) offers investors the opportunity to gain exposure to the cryptomoney market without the hassle of personal trading. As such, part of the Ethereal (ETH) block chain, SYMM is a smart contract complying with ERC20. The fund pays a monthly dividend in ET. With its conservative structure and approach, SYMM executes its trade and investment with a long-term, balanced growth vision.
Capital funds will be used to trade in various cryptomoney currencies and the percentage of funds to be allocated for each currency will be determined by analysing certain currency and signal risks. A single section in the investment fund is a SYMM token. Investment funds trade and invest in ICOs and cryptomoney, such as Bitcoin, Ethereum, Ripple, Dash and Litecoin. Shareholders will be able to exchange their tokens with their peers based on market prices. This will allow shareholders to take advantage of the cash flow because the value of the funds increases over time, along with the receipt of monthly dividends from ETH.
A key element of the SYMM risk mitigation strategy is to keep capital in trust currency (USD/EUR) when funds are not traded. While this may mean that funds are not exposed when there is a large price increase between crypts in the crucial, it also means that funds are not exposed when there is a volatile movement to the negative side. This minimizes the exposure of funds to blockchain assets and ensures a stable and quantifiable growth path for the fund.
As the initial ICO moves into the trading phase, and the fund becomes more established, SYMM will investigate other opportunities to expand the funds and offer investors investments for all risk appetites.
Technology
As a technology company, SYMM offers an opportunity for individuals to gain exposure to the currency market without the complexities of managing their own trading and related technologies. Integrated in the ETH block, SYMM is a tab corresponding to ERC20.
RoadMap
ICO(SYMM)
Symmetry Fund (SYMM) ICOA boundless measure of SYMM tokens will be discharged in the SYMM Initial Coin Offering (ICO). The ICO will be open for a time of 60 days at the swapping scale of 0.1 ETH per SYMM. One SYMM token will speak to a solitary offer in the store. From the ICO, the vast majority of the assets raised will be utilized for exchanging purposes. A little level of assets raised (up to 10%) will be held by the store for judicious stores and organization. Keeping down these assets shapes some portion of SYMM's hazard relief measures. A boundless number of SYMM tokens will be accessible for buy at a rate of 0.1 ETH per SYMM amid the ICO. By sending Ethereum to the ICO savvy contract address, financial specialists will have the capacity to buy SYMM tokens. In the wake of sending the ETH to the address, the speculator's record will be credited with the comparing measure of SYMM shares. There is no restriction on the measure of times financial specialists can buy SYMM tokens all through the ICO
There will be 2 classes of offers:
SYMM ICO
-One SYMM share is equal to one ERC-20 compliant token.
The duration of the ICO is 60 days from November 30, 2017 to January 30, 2018..
During the ICO, 1 SYMM share will cost 0.1 ETH.
The ICO Soft Cap is 3,000 ETH.
There is no Hard Cap for the ICO.
Trades in BTC, LTC, DASH, ETH and XRP will be conducted using 70% of the fund’s capital.
20% of the fund will invest in high potential ICOs. SYMM will secure a deep discount (up to 50%) on
ICOs that have not yet been released for public sale.
10% of the fund will be held by the fund in a reserve to ensure that the whole fund is never exposed at any point in time.
50% of monthly trading profits will be paid in dividends to investors each month. Dividends will be paid in ETH.
50% of monthly trading profits will be held for compounding growth.
Advantages
To reduce risk and ensure stability of the fund’s value, SYMM funds will be held in USD and EUR.
Risk mitigation strategies will be established.
Management fees will not be charged if there are no profits.
Based on Symmetry scenarios and fund projection, the estimated annual ROI for SYMM investors is expected to be more than 50%.
All shareholders will have the opportunity to vote on major fund decisions, further fostering trust and sparency between the fund and its shareholders.
All trades that SYMM execute will be detailed on the relevant exchanges.
Funds held by SYMM will be subject to external auditing each month.
Accounts balances and SYMM fund value will be reported to shareholders daily.
Until SYMM is listed on major exchanges, all shareholders will have the ability to sell their investment for instant liquidit
After the ICO successfully closes and funds are withdrawn from the ICO, the trading phase will commence. The trading phase will continue indefinitely with changes in trading activities such as pairs traded and fund allocation to be voted on by shareholders.At the commencement of the trading phase, the capital value of SYMM will come from 90% of the capital raised in the ICO. This capital will be converted into fiat currencies and quoted in USD.
As a technology company, SYMM offers individuals the opportunity to gain exposure to the cryptocurrency market without the complexities of managing their own trades and associated technology. Embedded in the ETH blockchain, SYMM is an ERC20-compliant token.
The Team
Andrew Lewin
FUND MANAGER/CEOOver 15 years of experience of Fund Management in Franklin Templeton Investments, Baillie Gifford and Credit Suisse. Developed his unique quantitative algorithmic trading strategies for cryptocurrency trading. Holds a Bachelor Degree in Business Administration from University of St Andrews.
David Steiner
FUND MANAGER/COOExperienced strategy professional with significant experience in Foreign Exchange (FX), Currency, Hedge Funds and Cryptocurrency. Alumni of University of Zurich
Markus Kohn
CTOProgrammer, software engineer and technical architect with many years of experience in Google Inc and Deutsche Bank. Bitcoin/blockchain/smart contract developer. Graduated Columbia University.
Harald Hantke
FUND STRATEGIST Senior investment professional with extensive experience in financial markets. Responsible for fund management & selection in the multi asset class area for UBS Wealth Management and Credit Suisse.
Thomas Steinger
ASST. FUND MANAGERSkilled in Trading Strategies, Currency, Hedge Funds, Foreign Exchange (FX) Options and recently Cryptocurrency
Oliver Purr
ASST. FUND MANAGER7+ years with FX trading. Worked as FX Strategist and Quantitative Hedge Fund Strategist for LGT and Tom Capital AG.
Vladislav Savochkin
BUSINESS MANAGERStarting as a Marketing and Communication Manager for EPAM Systems, Vladislav quickly moved to Business Manager and Analyst in online payment technologies across emerging markets.
Mykola Vdovychenko
LEGAL CONSULTANTMykola is an open-minded lawyer with a great interest in the newest technologies including blockchain and smart contracts, LegalTech and FinTech. He has extensive experience providing legal advice to different international start-ups in relation to various legal matters. His main specialisations are privacy, IT/cyber law, contract law and international law. Highly interested in space law, BioTech and nanotechnology law.
Fatema Aktar Shathi
SMM EXPERTProfessional expert for Social Media Marketing.
Advisors
Peter Toh
ADVISORMr. Toh is an investor, financial markets commentator and private financial consultant. He is an expert in global financial markets, macro-economics and digital currencies. He had a successful career at Credit Suisse and Flossbach von Storch and has more than 25 years of experience in strategy and finance and accumulated $1B+ in Corporate Finance transactions and $100M+ in Private Equity investments.Peter is a graduate of The Julius Maximilians University of Würzburg where he received a BS in Finance and BBA.
Mike Henkel
ADVISORMr. Henkel is partner at Polaris Ivestment Advisory AG, a financial structuring and advisory/consulting firm based in Geneva, Switzerland with over twenty years experience in financial markets. He holds an MBA from University of Zurich with a degree in finance and econometrics.
Tutor
