The crypto (currency) fund is a closed investment fund. It is there for people and organisations who want to expose part of their assets to the volatility of cryptocurrencies like Bitcoin, Ether, Cardano and some others.
Buying, selling, moving and keeping cryptocurrencies is abstract, complex, time-intensive and risky. LEENDERZ Liberty Crypto Fund takes away these concerns. LEENDERZ has the knowledge and expertise of cryptocurrencies, the blockchain and cyber security to take good care of the invested capital. The cryptocurrency keys are encrypted and stored in so-called 'cold storage'. This means that our funds cannot be stolen by means of a hack and/ or physical intrusion. The fund manager is a senior information security consultant. He ensures that the required information security measures are in effect.
It was founded by and for the participants and is not for profit. This maximizes the return achieved for the participants. From a fiscal point of view, the fund is an investment institution in the form of a Common Fund Account (FGR) and as referred to in the Dutch Financial Supervision Act (Wft). As a result, the fund participants are formal participants and not creditors/customers. This is an essential difference. Participant are direct and economic owners of the cryptocurrencies held in the fund. The fund maintains 100% reserves, so that participants can always be paid out.
The crypto fund is part of the LEENDERZ Liberty Mixed Fund.
LEENDERZ Liberty Crypto Fund: RESULT
The results of the Cryptocurrency-fund are 100% dependent on the volatility of the crypto currencies named on the Allocation page. The value easely goes up and down 50% in a single day.
No rights can be derived from the published results on this website. Rights can be derived from the reports that fund participants receive by email every month.
Result for audio for the blind and visually impaired is available, inquire about this.
LEENDERZ Liberty Crypto Fund: ALLOCATION
Below is our allocation of assets, our investment strategy. We do not sell cryptocurrencies unless there is an urgent reason for this. That means that given the price increases and decreases, the ratio between the current portfolio and the planned allocation is always out of balance. This a luxury 'problem'. As soon as new deposits are made, we purchase the cryptocurrencies that are the least represented in order to get back to our desired proportions.
Displayed below are our current positions (what we now own) and our allocation (what we want to own):
LEENDERZ Liberty Crypto Fund: COSTS
The Crypto Fund charges a managment fee of 0.5% per annum on the assets under management and 5% on the return achieved.:
- The remuneration for the manager / holder is 0.5% of the assets under management on an annual basis. This amount is withdrawn from the fund in monthly installments.
- The remuneration for the manager / holder is 5% of the return achieved. 95% of the return achieved is for the benefit of the participants.
- There is no charge for deposits or withdrawals.
- The manager ensures minimal banking, transaction, operational and facility costs.
LEENDERZ Liberty Crypto Fund: FOR WHO IS IT?
The LEENDERZ Crypto Fund fund has been created for people and organisations that want to expose part of their assets to the volatility of cryptocurrencies. These investors are prepared to accept a high risk of losing invested capital due to a fall in prices or a catastrophe. The objective is to enjoy the speculated price increases of cryptocurrencies. Since the creation of this fund in September 2017, we do not recommend investing with in cryptocurrency with savings.
When registering, we will explicitly warn you about this by telephone and email. If a potential participant still wants to invest in cryptocurrencies, that is a conscious and self-chosen action.
The fund is compatible with all beliefs known to us. The fund meets Christian, Islamic (interest/riba free and sharia compliant), Buddhist, Jewish, Masonic and above all Human values.
Crypto currencies that are not sharia compliant are not being allocated in the fund. The following currencies are neglected:
LEENDERZ Liberty Crypto Fund: JOIN & CONDITIONS
All participants are known by the fund manager. Yet more participants are joining. This increases the collective fund assets under management. The greater the fund assets, the more interesting investments can be made and the lower the transaction costs become. That is good for all participants.
Conditions for participation:
- Identification by face-to-face or online video session;
- High resolution copy of passport or national ID card;
- A copy of a proof of home address (rent, electricity, bank statement);
- A declaration is made about the origin of funds (Anti Money Laundry & Financing Terrorism and Crime);
- 1 transaction is made from an IBAN bank account in your own or your companies name;
- The fund reserves the right to refuse participation in the fund to an interested participant without giving any reason;
- The fund reserves the right to return a participant's assets and to cancel the participation without giving any reason;
- The minimum investment is 1 EURO.
LEENDERZ Liberty Crypto Fund: DEPOSIT & WITHDRAWAL
Deposits (only for fund members) are possible through a bank transfer. Depositing can be done by stating your FUND NUMBER and / or your FIRST and LAST NAME. The account number is stated in the information email that you have received. It is advised to store this account number in your internet banking or banking application.
Deposits are processed and deposited at least twice a month. You will receive a confirmation by email.
You can reclaim your capital at any time by requesting it from your registered email address. We verify your withdrawal request and after your approval the withdrawal is deposited into your registered contra bank accountnumber. Take into account a processing time of normally two working days.