New Dawn is a cryptocurrency fund that promises to help anyone gain exposure to cryptocurrency and blockchain assets.
Find out how it works today in our review.
What is New Dawn?
New Dawn, found online at NewDawn.fund, is an investment firm that aims to provide investors with exposure to a broad range of assets and investment activities across the blockchain industry.
New Dawn will offer several types of funds, including an index portfolio that provides exposure to a broad range of cryptocurrencies, an algorithmic trading fund that deploys automated trading strategies on cryptocurrency markets, and an ICO fund that collaborates with early-stage startups.
In exchange for active fund management, New Dawn will charge a fee of 20% of net profits as a performance-based fee, along with a one-time fee of 2.25%.
How Does New Dawn Work?
New Dawn will offer a variety of different strategies to investors within a single fund. Overall, these strategies represent a balanced and diversified fund. Like with most funds, the goal is to deliver powerful returns to investors while also providing stable and consistent growth over the long-term. Specific strategies used within New Dawn’s fund include:
Index Portfolio: New Dawn will use an index portfolio to provide exposure to a broad range of cryptocurrencies, including mostly large-cap cryptocurrencies like bitcoin, Ethereum, Ripple, Monero, and Bitcoin Cash.
Algorithmic Trading: New Dawn has an algorithmic trading system where trades are actively managed by algorithms created by the company. These algorithms are deployed on cryptocurrency markets with the goal of achieving maximum profit with minimal risk related to trader emotions.
Traditional Trading: New Dawn’s fund will implement a traditional trading strategy based on technical and fundamental analyses of cryptocurrencies.
Initial Coin Offerings: New Dawn will specialize in initial coin offering (ICO) investments. New Dawn plans to collaborate with advisory firms to capitalize on ICO pre-sales and similar opportunities.
Real Estate Tokenization: Some real estate assets are being “tokenized” and sold to investors. New Dawn will invest in these tokenized real estate assets, allowing investors to earn tokens that represent property worldwide.
Other Strategies: Other potential New Dawn fund strategies include copy trading, cryptocurrency mining investments, venture capital investments, and investments in mergers and acquisitions or affiliate marketing.
New Dawn Features
New Dawn’s fund is built on the following business strategy features:
- Identify investment opportunities
- Conduct due diligence
- Deploy capital
- Monitor investments
- Monetize by liquidating coins and assets into fiat currency
- Pay dividends on preference shares
- Continue until preference shares are redeemed by New Dawn
New Dawn Fees
New Dawn will charge fees of 20% of net profits (performance-based) and 2.25% (once only).
Fees are payable to the investment manager of each fund.
Who’s Behind New Dawn?
New Dawn is officially registered under the name New Dawn Capital Pty Ltd, which is an Australian company registered under ACN 624 894 784. New Dawn is a division of Investors Exchange Ltd., a Queensland, Australia-based company registered under Australian Financial Services License number AFSL 299204.
Key members of the New Dawn team include Rob Dey (Director), Glenn Griffin (CEO), and Stephan Haas (Technology Partner).
Haas created the software that powers the New Dawn exchange. It’s called HaasOnline. Dey, meanwhile, is a Melbourne-based entrepreneur who has been working as a cryptocurrency trader since August 2017. Griffin is the CEO of Investors Exchange, the parent company behind New Dawn.
The New Dawn Offering
You can purchase shares in New Dawn’s fund from April 12 to May 30, 2018.
By participating in the offering, you’re purchasing units in the New Dawn Fund Class. Units have a price of $1 apiece. Capital raised will be used to subscribe for preference shares in New Dawn, and preference shares will have an issue price of $1 each. The preference shares will be held by a custodian on behalf of the fund until redeemed by New Dawn on the second anniversary of the issue date.
New Dawn will pay a quarterly dividend on the preference shares, which will then be distributed to investors.
There’s a minimum investment limit of $5,000.
New Dawn claims to be the world’s first cryptocurrency and blockchain asset fund open to the public – including retail investors. The goal of the fund is to provide exposure to cryptocurrency portfolios, algorithmically automated trading, traditional trading, copy trading, mergers and acquisitions, venture capital, commercial mining, distributed mining, affiliate marketing, initial coin offerings, underwriting, ICO investments, and real estate tokenization.
To learn more about New Dawn and how it works, visit online today at NewDawn.fund. The fund’s offer is available from April 12 to May 30, 2018. Investors of all sizes can purchase a share in New Dawn for as little as $5,000 USD.