Halogen Capital, Malaysia’s first digital asset fund manager, has shared that it will be launching a new fund soon, aiming to track and capture potential gains on the broader crypto asset space.

With the success of its two digital asset funds – the Shariah Bitcoin Fund and Shariah Ethereum Fund, both of which have recorded strong returns in line with the bull run in the crypto space over the past year, Halogen Capital is set to launch the Halogen Shariah Crypto Titans Fund. The main feature of this fund will be the exposure to other crypto tokens besides Bitcoin and Ether in its portfolio.

According to Halogen Capital co-founder Hann Liew, the fund will be actively managed with a “market cap-based selection” of tokens. In addition, the sizing of each token within the fund portfolio will be volatility-adjusted to be between that of BTC and ETH. The fund will hold between 8-12 tokens at any given time, allowing it to have a broad exposure to the crypto asset space.

The fund will also automatically exclude coins or tokens that drop out of the top 20 tokens by market capitalisation to prevent long-term losses. And, thanks to the volatility-adjusted sizing, the fund will be able to automatically “take profit” by rebalancing its portfolio to keep within the target allocation of each token. Given that not all tokens go up at the same time (and at the same rate), this helps investors not only have exposure to smaller tokens that rise in price, but also not be over-exposed in terms of their overall portfolio.

In its teaser post, Halogen Capital stated that the Shariah Crypto Titans Fund is designed for investors looking to explore alternative coins for their potential to deliver higher returns than Bitcoin. The fund is expected to launch in early May.

• TAGS:
• Bitcoin
• Ethereum
• Halogen Capital