Bluebottle Market Neutral Fund
About
The Bluebottle Market Neutral Fund is an investment fund that generates income by investing in a mix of market-neutral blockchain strategies and tokenised deposits, money market funds, bills, and bonds. The income generated compounds back into the fund.
2 YEAR RETURN
INCEPTION DATE
Fund Strategy
The fund's strategy aims to produce profits that are not reliant on general market fluctuations by maintaining a balance of long and short positions, ensuring that the portfolio's net market exposure is close to zero.
Derivatives and Leverage
Uses derivatives for hedging and enhancing returns and employs leverage selectively to boost potential gains.
Daily Liquidity
Provides investors with the option to redeem investments daily, enhancing flexibility.
Diversified Investments
Invests in traditional financial investments which are A-rated and market-neutral blockchain assets.
Security
Invests only in liquid assets and uses secure custody solutions like Fireblocks and Zodia Custody to protect digital assets.
Risk Management
Implements strategies such as arbitrage, basis trading and yield farming to manage and mitigate market risk.
Why JellyC?
An APAC based fund manager regulated by ASIC and led by an expert team deploying active portfolio management supported by a strong risk management framework.
Experienced Team across Tradfi & Crypto
JellyC team’s expertise is complemented by a proven track record in managing hedge funds.
Regulated by ASIC, all Australian providers
The BMN is managed by JellyC, a specialist digital asset investment manager regulated by ASIC.
Diversified Investments
Invests in traditional financial investments which are A-rated and market-neutral blockchain assets.
Active Portfolio Management
The fund has active portfolio management professionally manged to deliver high returns.
BMNF 5 Pillars
1. Arbitrage & Price Making
Seeks profit from market price discrepancies using algorithms, providing a low-risk, steady income.
2. Basis Trading & Yield from Funding Rates
Aims to earn from the price difference between spot and futures markets, generating income through funding rates.
4. Leveraging the Fund Strategies (1 - 3)
Combining arbitrage, basis trading, and yield farming with careful leverage amplifies returns through a synergistic approach.
3. Staking & Yield Farming
Maximises returns from decentralised finance by using hedged staking strategies to manage volatility.
5. Investment in tokenised deposits, money market funds, bills & bonds
Investing in high-quality tokenized deposits, money market funds, bills and bonds, as well as yield-bearing stablecoins, offers portfolio stability and risk mitigation, providing a stable, low-risk income.
Portfolio Composition
The portfolio of the BMN is structured to balance stability and returns through a diversified approach. It includes exposure to Digital Assets - market-neutral blockchain strategies such as basis trading, funding, arbitrage and price making; and Real World Assets (RWA) - investing in tokenised deposits, money market funds, bills and bonds.
Basis Return vs. Strategy Return
Monthly Returns & Annual Returns
These are back tested returns
Returns are without leverage
Returns do not utilise funding rates which could add significant value
Returns displayed are net of fees and allow for custodial margins
Overview of Terms
| Bluebottle Market Neutral Cayman (BMNC) | Bluebottle Market Neutral Australia (BMNA) | |
| Investment Vehicle | Cayman Islands exempted company with limited liability | Australian Unit Trust |
| Manager | Trovio Asset Management | JellyC Pty Ltd |
| Administrator | NAV Funds | NAV Funds |
| Fund Holdings | Exposure to market-neutral blockchain strategies & tokenised deposits, money market funds, bills, bonds. | Exposure to market-neutral blockchain strategies & tokenised deposits, money market funds, bills, bonds. |
| Investor Eligibility | Wholesale Clients | Wholesale Clients |
| Strategy | Market Neutral Fund, producing income which compounds back into the Fund | Market Neutral Fund, producing income paid half yearly |
| Investment Horizon | Short, medium, and long term. | Short, medium, and long term. |
| Management Fee | 1.25% calculated monthly | 1.25% calculated monthly |
| Performance Fee | 10% over the benchmark (Fed fund cash rate) calculated monthly | 10% over the benchmark (RBA cash rate) calculated monthly |
| Liquidity | Daily | Daily |
| NAV Calculations | Daily | Daily |
| Redemptions | Daily (T+1 settlement) | Daily (T+1 settlement) |
| Minimum Investment | US $100,000 | AU $50,000 |
| Minimum Additional Investment | US $50,000 | AU $50,000 |
| Distributions | Semi-annually | Semi-annually |
How to Invest
Available for Wholesale or Professional Investors only.