Mélanion BTC Equities Universe UCITS ETF EUR
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General Objective
The objective of this Fund is to track the performance of the Melanion Bitcoin Exposure Index regardless of its trend, positive or negative. The Fund aims to achieve the lowest possible difference between its net asset value and that of the Index.
Fund Exposure
The Fund is exposed to a basket of equity securities representing the index constituents, which are companies operating in the segments of "Crypto" asset management and trading, "Crypto" banking and services, "Crypto Mining" and Blockchain technology, or companies holding Cryptocurrency on their balance sheets. The Index is composed of a maximum of 30 securities with market capitalizations greater than 100MUSD listed on European and American markets.
Risks
Investors in this Fund are exposed to the exchange rate between the currencies of the Shares making up the Index and the currency of the fund with net dividends reinvested. Additionally, there is a risk of tracking error, with the Fund aiming to keep the "ex-post tracking error" between changes in its net asset value and that of the Index below 2%.