Daily NAV ($)
January 31, 2022
Inception Date: January 31, 2022
NAV at Inception: $10.00 USD
|Class A Management Fee||1.00%|
|Custody Services (Digital Assets)||Gemini Trust Company, LLC|
|Custody Services (Cash)||Silvergate Bank|
|Fund Valuation||SGGG Fund Services Inc.|
|Unitholder Recordkeeping||SGGG Fund Services Inc.|
|Accounting||SGGG Fund Services Inc.|
|Auditor||Raymond Chabot Grant Thornton LLP|
|Legal Counsel||Osler, Hoskin & Harcourt LLP|
3iQ Digital Yield Fund provides investors with institutional level access to the returns of a diversified portfolio of next generation,
high liquidity, high yielding Digital Loans. To achieve its investment objective, the Fund’s investment strategy is to allocate capital, directly or indirectly, to various centralized digital asset lending platforms which in-turn generate yield by originating loans secured by digital assets.
Find out how you can invest in 3iQ’s funds.
THESE MATERIALS AND THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.
These materials do not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States or any other jurisdiction. Neither the 3iQ Corp.’s (the “Manager”) nor the Fund’s securities have been nor will be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), nor under the applicable securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, transferred or delivered, directly or indirectly within, into or in the United States, absent registration or an applicable exemption from, or except in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of any relevant state or other jurisdiction of the United States. No securities regulatory authority has expressed an opinion about these securities and it is an offence to claim otherwise.
The funds are offered pursuant to offering documents on a private placement basis only to those investors who meet certain eligibility or minimum purchase requirements under applicable securities legislation. Important information about the Funds is contained in the offering memorandum, which should be read carefully before investing. The offering memorandum can be obtained from 3iQ Corp. Information contained in the offering memorandum includes the investment objectives and potential strategies of each fund, and a description of management fees and other charges and expenses. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Information contained in this document is for accredited, exempt-qualified investors only. It is not to be forwarded to any other individuals and may not be copied or circulated.
The Net Asset Value (NAV) of the 3iQ Digital Yield Fund (QDYF) is based on market prices of the cryptocurrencies held by QDYF on the close of the previous business day, reduced by a calculation of management fees and estimated fund operating expenses, as described in the Fund’s Offering Memorandum. Performance data has not been independently verified or audited and is subject to change. Performance data has been calculated by the Manager and could contain errors.
Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the offering documents before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and does not take into account certain fees such as redemption fees or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Certain statements in this document are forward-looking statements, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “target”, “seek”, “will” and similar expressions to the extent they relate to the Fund and the Manager. Forward-looking statements are not historical facts but reflect the current expectations of the Fund and the Manager regarding future results or events. Such forward-looking statements reflect the Fund’s and the Manager’s current beliefs and are based on information currently available to them. Forward-looking statements are made with assumptions and involve significant risks and uncertainties. Although the forward-looking statements contained in this document are based upon assumptions that the Fund and the Manager believe to be reasonable, none of the Fund or the Manager can assure investors that actual results will be consistent with these forward-looking statements. As a result, readers are cautioned not to place undue reliance on these statements as a number of factors could cause actual results or events to differ materially from current expectations.
Some of these risks, uncertainties and other factors are described in the offering documents for the relevant Funds under the heading “Risk Factors”. These factors – many of which are beyond the Manager’s control and the effects of which can be difficult to predict – include: no assurance in achieving investment objectives, loss of investment, volatility and fluctuation in value of cryptoassets, concentration risk, reliance on the Manager, no ownership interest in the cryptoasset portfolio, changes in legislation, conflicts of interest, valuation, significant redemptions, limited liquidity in the units, limited operating history, exchange rate risk, liquidity constraints on cryptoasset markets, tax risk, risks associated with blockchain networks and forks, risks associated with digital asset platforms and cybersecurity.
The forward-looking statements contained herein were prepared for the purpose of providing prospective investors with general educational background information about cryptoassets and the Funds and may not be appropriate for other purposes. None of the Fund or the Manager assumes any obligation to update or revise them to reflect new events or circumstances, except as required by law.
3iQ Corp. (“3iQ”) is a Canadian investment fund manager focused on providing investors with exposure to digital assets, disruptive technologies and the blockchain space. Units of certain 3iQ Funds are offered through prospectus and through prospectus exemptions. Please read the offering documents carefully before investing.
Frederick T. Pye is the Chairman, Chief Executive Officer and Director of 3iQ Corp. He is also the Chairman and Director of 3iQ Digital Holdings Inc. Mr. Pye is recognized for creating and promoting creative and unique investment products for the investment industry.
Mr. Pye has managed private client portfolios with Landry Investment Management and various other investment dealers. Prior to this Mr. Pye was Founder, President & Chief Executive Officer of Argentum Management and Research Corporation, a company dedicated to managing and distributing quantitative investment portfolios including the first long-short mutual fund in Canada.
He was also Senior Vice-President and National Sales Manager of Fidelity Investments Canada and an integral part of the team that saw assets rise from $80 million to over $7.5 billion in assets under management during his tenure. He also held various positions with Guardian Trust Company, which listed the first Gold, Silver and Platinum Certificates on the Montreal Exchange.
Mr. Pye obtained a Masters in Business Administration from Concordia University.