The Ether Fund (QETH.U) – USD

Net Asset Value per Unit (NAVPU) April 19, 2021 $38.6025
Net Asset Value (NAV) April 19, 2021 $423,697,988.89
Net Asset Value per Unit at Inception December 10, 2020 $10.0715

The Ether Fund (QETH.UN) – CAD

Net Asset Value per Unit (NAVPU) April 19, 2021 $48.3801
Net Asset Value (NAV) April 19, 2021 $531,016,404.18
Net Asset Value per Unit at Inception December 10, 2020 $10.0715 USD

The Ether Fund – Fund Information

Prospectus (EN)
Prospectus (FR)
Legal and Financial
March Fund Profile (EN)

Exchange: Toronto Stock Exchange (TSX)

Ticker: QETH.U, QETH.UN

Currency: USD, CAD

Units Outstanding: 10,975,928 ‡ 

Units per ETH: 56.92

ETH per Unit: 0.01757005

CUSIP: 29764L108

ISIN: CA29764L1085

Management Fee: 1.95%

Eligibility: RRSP, RRIF, RDSP, DPSP, RESP, TFSA

Benchmark Index: MVIETH

Custody Services: Cidel Trust Company

Sub-Custodian: Gemini Trust Company, LLC

Fund Valuation: SGGG Fund Services Inc.

Transfer Agent: TSX Trust

Accounting: SGGG Fund Services Inc.

Auditor: Raymond Chabot Grant Thornton LLP

Legal Counsel: Osler, Hoskin & Harcourt LLP

As of April 19, 2021

Net Asset Value per Unit (NAVPU) and Market Price

CSV  Excel  

*Net Asset Value per Unit (NAVPU) is calculated by the Administrator daily as at 4:00pm ET. The Fund’s ether is valued based on the MVIS CryptoCompare Institutional Ethereum Index (MVIETH) maintained by MV Index Solutions GmbH (MVIS).

**Market price data is provided by the Toronto Stock Exchange (TSX). Market price reflects the closing price of The Ether Fund on the TSX under the symbol QETH.U as at 4:00pm ET. 3iQ Corp does not verify any data and disclaims any obligation to do so. 3iQ Corp, its data or content providers, the financial exchanges and each of their affiliates and business partners (A) expressly disclaim the accuracy, adequacy, or completeness of any data and (B) shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon.

Units Outstanding

CSV  Excel  

The Ether Fund is structured as a closed-end fund that issues a fixed number of units. Units have been offered to the public during the Initial Public Offering (IPO) in December 2020, and in private placements to accredited investors. Management is precluded by OSC regulations from offering any units where net proceeds to the fund would be below net asset value.

News

Proxy Voting

The Ether Fund does not hold securities of any company or other issuer. Therefore, The Ether Fund did not vote any proxies during the regulatory reporting period.

Disclaimer

The Fund is offered pursuant to a prospectus, which should be read carefully before investing. The prospectus can be obtained from https://3iq.ca/the-ether-fund-qethu-qethun/. Information contained in the prospectus includes the investment objectives and potential strategies of the Fund and other factors which may cause the actual results, performance or achievements of the Fund, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

There are ongoing fees and expenses associated with owning units of The Ether Fund (the “Fund”). The Fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in the final prospectus. The Fund is not guaranteed, its value change frequently and past performance may not be repeated.  You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the Toronto Stock Exchange (TSX). If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them.

The securities of the Fund have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. The final prospectus of the Fund does not constitute an offer to sell or the solicitation of an offer to buy securities of the Fund nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.

Index (the “Index”) is the exclusive property of MV Index Solutions GmbH and has been licensed for use by 3iQ Corp. (the “Licensee”). MVIS has contracted with CryptoCompare Data Limited to maintain and calculate the Index. CryptoCompare Data Limited uses its best efforts to ensure that the Index is calculated correctly subject to the accuracy of any data that has been provided to it by third parties. Irrespective of its obligations towards MV Index Solutions GmbH, CryptoCompare Data Limited has no obligation to point out errors in the Index to third parties. In particular, MVIS is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on The Ether Fund, an investment trust governed under the laws of the Province of Ontario (the “Product”) or not, are not sponsored, endorsed, sold, or promoted by MVIS, Van Eck Associates Corporation as its parent company or its affiliates (collectively, “VanEck”), and MVIS and VanEck make no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MVIS, VanEck and its affiliates make no warranties and bear no liability with respect to licensee.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.