Fineqia Ltd Boosts DABI AMC's NAV by 38.4% in 2024
Friday, Jan 10, 2025 6:10 am ET
5min read
AMC --
Fineqia Ltd, the UK-based subsidiary of Fineqia International Inc., has reported a remarkable 38.4% increase in the Net Asset Value (NAV) of the Digital Asset Blockchain Infrastructure (DABI) Actively Managed Certificate (AMC) by the end of 2024. This significant performance improvement is a testament to the valuable partnership between Fineqia Ltd and Sermont Asset Management, which has driven the portfolio's success through strategic adjustments and a strong risk management approach.
The portfolio's composition was refined to focus on top-performing blockchain infrastructure tokens, with key components including Bitcoin (BTC) at 37.9%, Ethereum (ETH) at 10.7%, Solana (SOL) at 9.1%, and Cardano (ADA) at 11%. The inclusion of Solana (SOL) and Near Protocol (NEAR) in the portfolio, along with other strategic adjustments, contributed to the NAV increase while maintaining a strong risk management approach.
Volkar Zaworka, CEO and chief investment officer of Sermont Asset Management, attributed the success to the collaboration with Fineqia Ltd, stating, "Our collaboration has been instrumental in refining the portfolio and ensuring that its composition reflects both current market dynamics and long-term growth potential." Bundeep Singh Rangar, CEO of Fineqia International Inc., echoed this sentiment, highlighting the application of in-depth market knowledge to generate superior returns.
The NAV increase is a result of the change in composition and asset appreciation, demonstrating the effectiveness of the companies' risk management strategies. By diversifying the portfolio, adhering to a risk management framework, analyzing market trends, and including high-performing tokens, Fineqia Ltd and Sermont Asset Management have successfully positioned the DABI AMC for superior performance while maintaining a strong risk management approach.
As Fineqia Ltd continues to attract more investors to DABI and garner more investment advisory mandates, the company's expertise in blockchain technology and digital assets, combined with Sermont's progressive approach to wealth management, will likely drive further success in the digital asset space.